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Japanese government aims to double child care budget

National May 26, 2022

Japanese government aims to double child care budget

The move comes as the government plans to establish an agency dedicated to overseeing children and family affairs policies next April.

Lower House approves record ¥107.6 trillion budget for fiscal 2022

National Feb 22, 2022

Lower House approves record ¥107.6 trillion budget for fiscal 2022

Japan's general-account budget will be a record high for the 10th year in a row.

Cabinet approves Japan's record ¥102 trillion draft budget for fiscal 2020

Business / Economy Dec 20, 2019

Cabinet approves Japan's record ¥102 trillion draft budget for fiscal 2020

The fiscal 2020 draft budget shows that spending will jump for defense, free education and ballooning medical, pension and other social security costs.

Japan to drop ¥400 billion on school computers and infrastructure projects in wake of tax hike

Business Nov 22, 2019

Japan to drop ¥400 billion on school computers and infrastructure projects in wake of tax hike

The government plans to spend around ¥400 billion ($3.7 billion) to supply more computers to public schools as part of an economic stimulus package, government sources said Friday. State and local outlays for the package, which will be formulated early next month, are expected to ...

Editorials Nov 14, 2019

Ensure effective state spending to prevent disasters

Whenever the nation is hit by a major disaster, infrastructure shortcomings become painfully clear.

Editorials Sep 7, 2019

Budget should reflect sense of crisis

Japan's fiscal health is in dire straits, but record high budget requests do not show any sense of crisis by the government.

Business Aug 29, 2019

Japan budget requests for fiscal 2020 on way to record-high ¥105 trillion

General-account budget requests from government agencies and ministries for fiscal 2020 are expected to set a new record near ¥105 trillion, it has been learned. The all-time high is ¥102.7 trillion for fiscal 2019, which began in April. The anticipated rise reflects growing debt-serving costs and ...

Editorials Aug 8, 2019

Still a long way to go for fiscal reconstruction

The government must do more to reduce spending and boost revenue to cut the deficit.

Asia Pacific Apr 15, 2019

After months of delay, Philippine leader Rodrigo Duterte signs $71 billion national budget

President Rodrigo Duterte on Monday signed a 3.7 trillion peso ($71.5 billion) budget for this year, its largest ever, ending months of impasse that forced the Southeast Asian country to cut its growth target. The Philippines last month cut its 2019 growth target to 6-7 ...

Japan's Diet passes record ¥101 trillion budget with spending hikes for defense and social security

Business / Economy Mar 27, 2019

Japan's Diet passes record ¥101 trillion budget with spending hikes for defense and social security

Key to the budget is a ¥2.03 trillion stimulus package that the government hopes will underpin domestic demand after the consumption tax is increased.

Trump budget boosts military and Mexico border wall but targets vital social services that help poor and elderly

World / Politics Mar 12, 2019

Trump budget boosts military and Mexico border wall but targets vital social services that help poor and elderly

President Donald Trump in his 2020 budget on Monday called for overhauls of social programs that help poor and elderly Americans, while boosting military spending and funding a U.S.-Mexico border wall, in the opening gambits of his next funding fight with the U.S. Congress. The ...

Lower House OKs record ¥101 trillion budget for fiscal 2019

National / Politics Mar 2, 2019

Lower House OKs record ¥101 trillion budget for fiscal 2019

The Lower House approves a record ¥101.46 trillion budget for fiscal 2019, ensuring its enactment before the new fiscal year begins on April 1.

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    People from the United States arrive for the first small-scale test tours in Japan since measures were imposed to control the spread of COVID-19, at Narita Airport near Tokyo on Tuesday.
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    A Russian TU-95 bomber and Chinese H-6 bombers fly over the East China Sea on Tuesday.
  • Biden vows to defend Taiwan as Kishida pledges unprecedented hike in defense spending
    Biden and Kishida shake hands as they attend a bilateral meeting at the State Guesthouse in Tokyo on Monday.
  • Biden launches Indo-Pacific Economic Framework with 13 nations including Japan
    U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Prime Minister Fumio Kishida attend the Indo-Pacific Economic Framework for Prosperity launch event on Monday in Tokyo.
  • Government clarity needed as Japan eyes border reopening for tourism
    Japan is believed to have lost ¥10.96 trillion in revenue in 2020 and more than ¥22 trillion since the pandemic began after closing its borders to tourists in response to COVID-19.
  • Yuka Saso to defend U.S. Open title under Japanese flag

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