Tag - budgets

 
 

BUDGETS

Japan Times
JAPAN
Dec 16, 2020
Japan's 2021 defense budget to be record high of ¥5.34 trillion
As for tax revenue, the government predicts it to be below u00a560 trillion for fiscal 2021, given the expected fallout from the pandemic on corporate earnings, the sources said.
Japan Times
BUSINESS / Economy
Dec 15, 2020
Japan approves ¥21.8 trillion extra budget to fund pandemic support
Total new debt issuance for the current fiscal year will hit a record high of over u00a5112 trillion — more than double the previous record set after the global financial crisis.
Japan Times
JAPAN
Dec 11, 2020
Cabinet approves five-year plan to speed up anti-disaster projects
The total cost of around u00a515 trillion ($144 billion) to fund 123 projects will come from the state budget, local governments and private investment.
Japan Times
BUSINESS / Economy
Dec 10, 2020
Budget to hit record as Japan loosens purse strings to fight virus
The total may even surpass u00a5105 trillion, including u00a55 trillion set aside as reserve funds for costs related to the pandemic.
Japan Times
BUSINESS / Economy / FOCUS
Dec 9, 2020
Suga raises bet on Japan's Go To Travel campaign with ¥73.6 trillion package
With Cabinet support falling amid the uptick in COVID-19 cases, he needs to balance the need to support growth against the risk of spreading the virus.
Japan Times
BUSINESS
Dec 8, 2020
Japan compiles ¥73.6 trillion stimulus package to fight pandemic
The new stimulus package will include fiscal spending — typically, loans, investment and spending — worth around u00a540 trillion, Suga said in the meeting.
Japan Times
JAPAN
Dec 4, 2020
Japan to give more financial aid to hospitals fighting pandemic
Amid a resurgence of infections in various parts of the country, the new economic package is expected to be approved next week by Prime Minister Yoshihide Suga's Cabinet.
Japan Times
BUSINESS
Nov 30, 2020
Key Japanese lawmaker says third extra budget may not be last
A key ruling party lawmaker said an extra budget being drafted now may not be the end of Japan’s stimulus spending this fiscal year given the uncertainty surrounding the spread of the coronavirus.
Japan Times
BUSINESS / Markets
Nov 27, 2020
Japan bond market in the dark on new sales as virus cases spike
As coronavirus infections spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget.
Japan Times
BUSINESS / Economy
Nov 19, 2020
¥10 trillion needed to set Japan on green path, says Suga adviser
'What's key for the Japanese economy now is whether we can strengthen our growth strategy and conduct reforms,' said Mitsumaru Kumagai, chief economist at Daiwa Institute of Research Ltd.
Japan Times
BUSINESS / Economy / FOCUS
Nov 13, 2020
Japan to stay in step with U.S. under Biden on fiscal stimulus
The overall shape of Biden's policies remains unclear, but it is hoped he will take a softer stance on trade than President Donald Trump.
Japan Times
BUSINESS / Economy
Nov 13, 2020
Japan’s economy seen clawing back half of pandemic losses
Economists see gross domestic product jumping at an annualized pace of 18.9% in the three months through September, helped by improved trade with the United States and China.
Japan Times
BUSINESS / Economy
Nov 10, 2020
Suga orders compilation of third extra budget for pandemic stimulus
The extra budget for the year through March will fund a likely extension of the government's Go To Travel subsidy campaign, sources say.
Japan Times
JAPAN
Nov 9, 2020
Suga signals readiness for new stimulus package
Suga said he would instruct his Cabinet on Tuesday to begin work on a third extra budget, Jiji news agency reported.
Japan Times
JAPAN / Society
Oct 30, 2020
Exhausted emergency fund may force Tokyo into debt and deep cuts
The metropolitan government has already begun to slash expenses, reroute money from other designated funds and borrow cash to alleviate the pressure.
Japan Times
JAPAN
Oct 24, 2020
Japan weighs ¥10 trillion extra budget to counter coronavirus, report says
The government may extend a domestic travel subsidy system but is unlikely to offer more direct cash handouts to households, the newspaper reported.
Japan Times
JAPAN
Oct 17, 2020
Japan and U.S. wrap up preparatory talks on costs of hosting American troops
Struggling to improve its fiscal condition, Tokyo is wary that Washington will pressure it to significantly increase its contribution to host American troops in Japan.
Japan Times
BUSINESS / Economy
Oct 16, 2020
Japan needs another extra budget to help ailing economy, experts say
Ruling-party lawmakers have likewise called for another stimulus package funded by a third extra budget.
Japan Times
BUSINESS
Oct 16, 2020
Cabinet allots ¥549.2 billion in reserve funds for coronavirus subsidies
Of the money, u00a5439.1 billion will be used to extend the government's furlough support scheme until December.
Japan Times
BUSINESS
Oct 10, 2020
Japan may need to consider compiling third extra budget, senior LDP lawmaker says
Japan may need to consider compiling another extra budget to help its economy if the current reserve fund is not enough to respond to the coronavirus pandemic, a senior Liberal Democratic Party lawmaker said.

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