Rintaro Tamaki, a former top bureaucrat at the ministry, says it should raise Japan’s already high gasoline tax and hike tariffs on imported fossil fuels.
For Emi Urabe's latest contributions to The Japan Times, see below:
Ex-Finance Minister Jun Azumi highlighted that recent polls showed 70% of the public are against holding the Tokyo Games.
Constrained by stricter legal restraints, the world's top pension fund has largely been quiet on impact investing since appointing a new chief investment officer in April 2020.
Some ruling party lawmakers are calling for more stimulus along the lines of the massive aid package adopted this month in the United States.
Experts say that suppressing activity for a little longer won’t add too much extra damage to an economy that is already showing some signs of recovery even under existing restrictions.
Many economists expect the dollar-for-dollar impacts of stimulus measures to typically decrease as time passes from a crisis or recession.
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. "There are a lot of possibilities,” said Keisuke Suzuki, who heads the ...
One of Suga’s economic advisers says the government needs to spend ¥40 trillion in its third extra budget to stop a surge in unemployment and prevent the suffering that would come with it.
"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.
Gross domestic product grew an annualized 21.4% in the three months through September from the previous quarter, expanding at the fastest clip since 1968.