TOKYO —

The government may not be able to finalize a draft of the fiscal 2010 budget until Dec 30, about one week later than usual, government sources said Wednesday. The delay reflects the Democratic Party of Japan-led government’s lack of experience in arranging budgetary matters.

While the clock is ticking, Prime Minister Yukio Hatoyama’s cabinet, formed in mid-September, is finding it difficult to fend off all sorts of vested interests in efforts to trim requests from central government offices for the budget for the year starting in April.

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  alexandre5023 at 08:40 AM JST - 27th November

  Cost-cutting gov't body works to help the vast budget of year 2010 relevant to 95 billions of yens but the unclear cost-cutting are supposed to be few billions. There will be additional budget of few billions before next fiscal year(April). Why not to cut every ministry's forecast budgets 10% or 20% of them? The public open cost-cutting debates are also interesting, anyhow!

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