Tag - fiscal-spending

 
 

FISCAL SPENDING

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
JAPAN
Jun 7, 2022
Japan to boost investment in tech, startups, human resources and decarbonization
The Cabinet approved Tuesday annual fiscal and economic policy guidelines that pledge aggressive investment in areas such as human resources and decarbonization to spur growth.
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
Mar 29, 2022
Kishida tells ministers to craft economic package as prices skyrocket
Calls have grown within the ruling coalition for the government to take further steps to ease the pain increasingly felt by consumers, with the yen's recent weakness magnifying the impact.
Japan Times
BUSINESS
Jan 14, 2022
Japan brings forward financial health projection to fiscal 2026
The bringing forward of the timeline is mainly due to envisaged increases in tax income, which is expected to continue growing gradually on the back of rising corporate tax revenues.
Japan Times
BUSINESS / Economy
Nov 9, 2021
Government panel proposes more support for Japanese firms hiking wages
To facilitate pay raises, the panel said some subsidy programs should be contingent on businesses agreeing to raise their employees' wages.
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 / Economy
Jul 22, 2021
Japan may attain fiscal health in 2027 due to tax revenue rise
The country's primary balance is expected to turn black in fiscal 2027 with a surplus of about u00a51.8 trillion ($16.4 billion) under the most optimistic scenario.
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 21, 2020
Japan's Cabinet approves record ¥106.61 trillion budget for fiscal 2021
The budget raises concern over a further deterioration of the country's fiscal health, already the worst among major economies.
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.
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 / Markets
Oct 20, 2020
More Australian QE threatens a source of yield for Japan investors
Options for Japanese investors, among the biggest buyers of global debt, have shrunk this year as central banks slashed rates.
Japan Times
BUSINESS / Markets
Oct 12, 2020
BOJ’s swelling share of Japan assets complicates future exit from stimulus
The central bank now owns 71% of exchange-traded funds, a fifth of commercial paper and 7% of corporate bonds, its assets equivalent to 137% of gross domestic product.
Japan Times
BUSINESS / Economy / ANALYSIS
Jul 6, 2020
World economy that took elevator down faces steep stairs back up
Hopes for a V-shaped rebound have been shattered as the reopening of businesses looks shaky at best and job losses risk turning from temporary to permanent.
Japan Times
BUSINESS
Jun 1, 2020
Pandemic opens door to ideas new and old for a better economy
Governments have already cast aside dogmas at least temporarily to protect companies and jobs in the deepest peacetime recession in almost a century.
Japan Times
BUSINESS / Economy
May 1, 2020
IMF chief lauds Japan's spending to combat pandemic, urging others to step up
IMF chief Kristalina Georgieva praised on Thursday Japan's plans to spend about 20 percent of its gross domestic product in response to the economic challenges of the COVID-19 pandemic and to help the world's poorest countries, urging others to do their part.
Japan Times
BUSINESS / Economy
Apr 30, 2020
In Japan's record stimulus, which cleared the Diet, what will be on offer?
The government is trying to shield the nation's economy with a gargantuan stimulus package financed by a supplementary budget bill that cleared the Diet Thursday.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on