Kyodo news agency reported on Tuesday
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Japan's financial year 2024 budget is expected to exceed 110 trillion yen ($765.5 billion), Kyodo news agency reported on Tuesday.
However, it is projected to be less than the last financial year's record high budget of 114 trillion, a reduction in expenditure for the first time in 12 years, Kyodo reported, without citing sources.
($1 = 143.7000 yen) (Reporting by Satoshi Sugiyama; Editing by Jacqueline Wong)
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