Japan May Boost Extra Budget Past 11 Trillion Yen, Maehara Says

By Aya Takada - Sep 25, 2011 2:10 PM GMT+0700

Seiji Maehara, policy affairs chief of the ruling Democratic Party of Japan, said the government may increase spending for this fiscal year beyond the originally proposed 11 trillion yen ($144 billion) in a third supplementary budget.

“There are insufficient points about the government plan,” Maehara said today on public broadcaster NHK.

To contact the reporter on this story: Aya Takada in Tokyo at atakada2@bloomberg.net

To contact the editor responsible for this story: Jim McDonald at jmcdonald8@bloomberg.net