Tag - budgets

 
 

BUDGETS

Japan Times
JAPAN / FOCUS
Dec 7, 2022
With revisions to key security documents, pacifist Japan set to blaze a new trail
Upcoming changes could usher in dramatic shifts in the country's defense-oriented policy amid what Tokyo calls an 'increasingly severe security environment.'
Japan Times
JAPAN / Politics
Dec 6, 2022
Japan to defer tax hikes for defense spending until 2027
The delay is planned in light of economic uncertainties stemming from rising prices, while strong opposition from members of the ruling Liberal Democratic Party to corporate and other tax hikes was also a factor, sources say.
JAPAN
Dec 6, 2022
Kishida seeks to hike defense spending by more than 50% over five years
The new budget would put Japan closer to the target Kishida ordered last week of spending 2% of gross domestic product on defense by 2027.
Japan Times
JAPAN / Politics
Dec 3, 2022
Japan eyes up to ¥43 trillion for five-year defense spending plan
The new numbers marked a compromise between the defense and finance ministries amid concerns about worsening one of the industrial world's worst debt burdens.
Japan Times
JAPAN / Politics
Dec 3, 2022
LDP lawmakers say taxes should not be hiked to cover rising defense spending
A group of young lawmakers from theu00a0ruling Liberal Democratic Party has compiled a draft proposal urging the government to issue bonds to cover the spending hike.
JAPAN
Nov 29, 2022
In major shift, Kishida sets defense spending target at 2% of GDP for first time
Japan has long maintained an informal cap on defense spending of around 1% of GDP, but calls for an increase have grown amid escalating threats from China and North Korea.
JAPAN
Nov 21, 2022
Panel says public must shoulder burden of strengthening Japan's defenses
The draft proposal rejected relying on government bond issues, and said that 'the burden must be shouldered by the public through a wide range of taxes.'
JAPAN / FOCUS
Nov 14, 2022
Crowdfunding helping plug gap in government funding for academic research
The fundraising mechanism has also come into wider use in the nation's medical community, with some cases of research gathering pace after collecting large amounts of financial support.
BUSINESS / Economy
Nov 7, 2022
Japan spent ¥45.5 billion in tax money wastefully in fiscal 2021, government reports
There were 310 reported cases of wasteful spending, the Board of Audit of Japan has said, following a slump in the number of on-site inspections by board staff during the pandemic.
JAPAN
Nov 1, 2022
Japan's Defense Ministry haunted by ammo and parts shortages
There is a growing sense of crisis over the shortages, which could affect the country's capabilities to continue to fight in the event of a contingency.
JAPAN / Politics / FOCUS
Oct 30, 2022
Can LDP and Komeito hammer out differences over defense spending?
The coalition partners disagree on issues such as counterstrike capability as well as budget size and allocation.
BUSINESS
Oct 19, 2022
With weak yen, Japan aims to earn $34 billion from tourists next fiscal year
Japan must balance between spending its way out of the COVID-induced doldrums while reining in the industrial world's heaviest public debt.
JAPAN / ANALYSIS
Oct 19, 2022
Japan rushes to rearm with eye on 2027 — and China's Taiwan ambitions
By pointing to 2027 as the moment when East Asia's power balance may tip in China's favor, Japan's government can rally support for greater defense spending, experts say.

Longform

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