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2014-01-22

Future Japanese LED Lighting Market Trends Showcased at Lighting Japan 2014 (Part 2)

The Japanese government announced their budget for 2014 on December 22, 2013 of 95.88 trillion Japanese yen (US $920 billion), a new record high. The budget is mainly for increasing support in social welfare, national defense, and public buildings. The Japanese government increased tax fund and reduced bonds in order to reach their target of halving the current financial deficient of around 50 trillion Japanese yen.
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