The Cabinet of Prime Minister Yoshihiko Noda on Thursday submitted a ¥3.61 trillion stopgap budget for fiscal 2012 to cover spending for the first six days of April, after the ruling and opposition parties failed to agree on a full-scale budget.
The urgently prepared budget, the first of its kind in 14 years, is expected to clear both Diet chambers Friday. The provisional budget will cover the shortest period ever. The previous record was eight days, set in fiscal 1988.
(Japan Times)
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