Two new private-sector members of a key government panel have called on the government to compile a fiscal 2025 supplementary budget worth at least ¥14 trillion to fund upcoming comprehensive economic measures.
The two members said at a meeting of the Council on Economic and Fiscal Policy on Wednesday that the envisaged extra budget should exceed the ¥13.9 trillion of the government’s supplementary budget for fiscal 2024, which ended in March.
They also urged the government to abandon its goal of achieving a surplus in the primary balance at the central and local governments.
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