Tokyo, Jan. 18 (Jiji Press)–Japan’s fiscal expenditures for independent administrative agencies earmarked for fiscal 2012 totaled 3,111.3 billion yen, up 4.1 pct from the previous year, the Ministry of Finance said Wednesday.
The general and special accounts spending under the draft national budget for the year starting in April grew due to reconstruction programs in areas devastated by the March 11 earthquake and tsunami last year.
Excluding spending for reconstruction and other special accounts, expenditures for those agencies fell 5.7 pct.
Spending for public benefit corporations dropped 4.7 pct to 151.1 billion yen. Excluding the special accounts, such expenditures declined 6.0 pct.
Subsidies to local governments increased 5.5 pct to 23,020.1 billion yen but fell 0.9 pct to 21,621.3 billion yen only with the general account.