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Cabinet gives nod to 5.8 tril. yen extra budget.

Mainichi Daily News

| November 08, 2001 | COPYRIGHT 1999 The Mainichi Newspapers. (Hide copyright information)Copyright

Massive government funds for measures to foil terrorists, counter mad cow disease and bail out the jobless edged towards reality Wednesday with the Cabinet approving a 5.8 trillion yen supplementary budget.

The extra funding, which sticks by Prime Minister Junichiro Koizumi's contentious pledge to limit issuance of government bonds to 30 trillion yen this fiscal year, now has to clear the Diet.

But the massive amount has failed to please some, and Finance Minister Masajuro Shiokawa found himself fending off calls from within Koizumi's own Liberal Democratic Party for a second extra budget, which would require more bonds.

"If the government has to …

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