Sep 7, 2018

Abe eyes ¥1 trillion extra budget for disaster relief measures

The government is set to compile a supplementary budget worth about ¥1 trillion ($9 billion) for the current fiscal year to fund recovery efforts related to recent natural disasters, sources with knowledge of the plans said Friday. Prime Minister Shinzo Abe is aiming to submit ...

Aug 28, 2018

Japan to promote use of empty buildings as satellite offices

The land ministry aims to support efforts to utilize the country's empty buildings as satellite offices or shared workspaces, according to informed sources. The Land, Infrastructure, Transport and Tourism Ministry hopes to have related costs included in its budget request for fiscal 2019, which starts ...

Macron targets French welfare spending as deficit pressure rises

Aug 27, 2018

Macron targets French welfare spending as deficit pressure rises

French President Emmanuel Macron's government will tackle social spending in the next wave of its reforms as weaker than expected growth puts pressure on the budget deficit, the prime minister said on Sunday. Prime Minister Edouard Philippe said in an interview in Le Journal du ...

Jul 10, 2018

Cabinet approves guidelines for Japan's 2019 budget

Prime Minister Shinzo Abe's Cabinet on Tuesday approved its budget compilation guidelines for fiscal 2019, allowing for additional spending on social security and economic growth to set the stage for a record-high initial budget. General account budget requests from ministries and agencies, which are to ...