New Japan Budget Makes `Political Sense,' Okumura Says

Jan. 30 (Bloomberg) -- Jun Okumura, a senior adviser for the Eurasia Group in Tokyo and a former ...  More »

Jan. 30 (Bloomberg) -- Jun Okumura, a senior adviser for the Eurasia Group in Tokyo and a former trade ministry official, talks about Japan's recently-elected government's economic and fiscal policies. Japan unveiled a government budget for 2013 yesterday that cuts spending for the first time in seven years, underscoring Prime Minister Shinzo Abe’s efforts to establish fiscal-discipline credentials even as he seeks to boost growth. Okumura speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)  « Less