Tag - fiscal-spending

 
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December 22, 2024
 

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FISCAL SPENDING

The streets of Suzu, Ishikawa Prefecture, in October show that the city is still struggling from the aftermath of the Jan. 1 earthquake and heavy rain in September.
BUSINESS / Economy / FOCUS
Nov 15, 2024
Japan faces urgent need to boost state finances for emergencies
If a major earthquake were to strike directly beneath Tokyo, the projected damage would total around ¥107.5 trillion.
Krishna Srinivasan, director of Asia and Pacific at the International Monetary Fund
BUSINESS / Economy
Nov 2, 2024
IMF Asia-Pacific chief urges Japan to start debt cuts
The leading IMF official called for Japan to "have a well fleshed-out, credible medium-term fiscal framework."
Krishna Srinivasan, director of the International Monetary Fund's Asia Pacific Department
BUSINESS / Economy
Nov 1, 2024
Japan must avoid issuing debt to fund fresh spending, IMF says
Prime Minister Shigeru Ishiba has pledged to compile another large-scale spending package to cushion the blow to households from the rising cost of living.
Japan's new prime minister may want to consider setting a budget surplus-to-gross domestic product target to ensure that the nation stays in the black, government adviser Takero Doi has said.
BUSINESS / Economy
Sep 3, 2024
Japan’s new prime minister must set fresh fiscal target, adviser says
Setting such a target would help bring down Japan’s public debt-to-GDP ratio, government adviser Takero Doi has said in an interview.
Fuel prices are displayed on a board at a gas station in Tokyo in September 2023. Fighting high prices is among the priority policy measures encompassed by a special spending quota for the fiscal year from April 2025.
BUSINESS
Jul 29, 2024
Japan to create priority policy spending quota in fiscal 2025
Priority measures include strengthening the country's defense capabilities, raising its birthrate and expanding investments in carbon reduction.
The Bank of Japan building in Tokyo on March 18. With the BOJ’s policy tightening, the difficulty of managing the country’s debt payments is expected to become worse.
BUSINESS
Jul 29, 2024
Japan expects to hit primary balance goal in fiscal 2025
The government initially aimed to achieve the goal in fiscal year 2011 but kept pushing it back for over a decade.
Members of the Ground Self-Defense Force disembark from a CH-47 Chinook helicopter during a live fire exercise in Gotemba, Shizuoka Prefecture, in May 2022.
COMMENTARY / Japan
Oct 23, 2023
Kishida's proposed tax cuts put higher defense spending on hold
The plan to raise defense spending partly through tax hikes has been put on ice. In fact, it was never likely to deliver fast results.
Japan Times
BUSINESS
Jun 1, 2022
Japan tweaks budget goal wording to gain more fiscal flexibility
Japan's target of balancing its budget excluding debt payments by 2025 had long seemed unlikely, even by the government's own growth projections.
Japan Times
BUSINESS / Economy
May 30, 2022
Japan drops time frame for budget balancing target in draft economic roadmap
The absence of the target in the midyear policy roadmap could raise questions about Japan's resolve to fix its tattered public finances.
Japan Times
BUSINESS / Economy
Oct 8, 2021
New Japanese finance chief faces dilemma: Spend more or repair fiscal health
Finance Minister Shunichi Suzuki will be forced to balance Kishida's spending plans with the nation's poor fiscal health.
Japan Times
BUSINESS
Jun 1, 2021
COVID-19 trauma has changed economics — maybe forever
The 2008 crash triggered a rethink, but the framework in place since the 1980s emerged relatively intact. The pandemic then cast those conventions aside around the world.
Japan Times
BUSINESS
Jun 1, 2021
G7 to back minimum global corporate tax and support economies
A draft statement said the G7 supported efforts to set a global minimum corporate tax level that would ensure large multinationals paid their fair share.
Japan Times
BUSINESS / Economy
Dec 10, 2020
Japan’s latest stimulus boost may fall short of official forecast
Many economists expect the dollar-for-dollar impacts of stimulus measures to typically decrease as time passes from a crisis or recession.
Freed anti-whaling campaigner Paul Watson arrives in France
U.S.-Canadian anti-whaling environmental activist Paul Watson, who was released from prison in Greenland's capital Nuuk after five months in detention, arrives with Lamya Essemlali, president of Sea Shepherd France, at Charles de Gaulle Airport in Roissy-en-France, near Paris, on Friday.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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