TOKYO (Sputnik) — Income from taxation is expected to constitute a significant part of budget revenues — about 57.6 trillion yen – which is the third-highest level in the country's history, Kyodo news agency reported.
According to the media, the increase in the tax base is due to the process of economic recovery. In this connection, the issue of state securities is expected to be limited to a total cost of 34 trillion yen, the lowest amount since 2009.
It is expected that a decision on the draft budget will be adopted on December 24, the media reported.
The budget for the current fiscal year amounted to 96.3 trillion yen.
