Japan approves record spending plan for 2017/18

ReutersNewsPublished: December 22, 20161 views
Published: December 22, 2016

Japan's cabinet approves a record $830 billion spending budget for fiscal 2017. As David Pollard reports, it counts on low interest rates and a weak yen to limit borrowing as Tokyo strives to curb the industrial world's heaviest debt burden.

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