The Council on Economic and Fiscal Policy on Monday established four general spending priorities for a planned second supplementary budget for the fiscal year.
The 2.5 trillion yen extra budget should prioritize urban redevelopment, revitalization of communities, promotion of science, education and information technology, and steps to deal with the falling birth rate and aging population, the council decided.
In addition, the planned policy package should be in line with the government's structural reform drive while providing emergency support for the ailing economy, said Heizo Takenaka, state minister for economic and fiscal policy.
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