No. 17 — April 28, 2000

Feature Article

JAPANESE FISCAL POLICY IN FY 2000: A LAST HURRAH FOR STIMULUS?

Jon Choy

• Summary
• Overdosed On Fiscal Stimulus
• The FY 2000 Budget
  • General Account Expenditures
  • General Account Revenues
  • Fiscal Investment And Loan Program
• The Focus Edges Toward Taxes
  • Income Taxes
  • Consumption Tax
  • Other Taxes
• The Long-Term View
• Appendix Table 1: Current General Account Budget Deficit, FY 1970-FY 2000 and Table 2: Cumulative General Account Budget Deficit, FY 1970-FY 1999
• Appendix Table 3: General Account Expenditures (Revised), FY 1996-FY 2000*
• Appendix Table 4: General Account Revenues (Revised), FY 1996-FY 2000
• Appendix Table 5: Uses and Sources of Fiscal Investment and Loan Program Outlays (Initial), FY 1996-FY 2000
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Weekly Review

• Bank Of Tokyo-Mitsubishi Joins Merger Stampede
  --- by Douglas Ostrom
• Stock Market's Volatility Throws Japan For A Loop
  --- by Jon Choy
• Japan, North Korea Resume Normalization Talks; Seoul, Pyongyang Agree To Meet
  --- by Barbara Wanner
• Mori Works To Boost Ties With South Pacific
  --- by Marc Castellano

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