REGULATORY

LDP Policy Panel OKs FY2025 Budget Guidelines, Lower Cap Likely for “Natural Increase”

July 24, 2024
Japan’s ruling Liberal Democratic Party (LDP) on July 23 broadly approved draft budget request guidelines for FY2025, beginning next April. According to sources, the so-called “natural increase” allowed is expected to be around 400 billion yen, smaller than the prior…

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