NEWSWORTHY
The Diet on Thursday passed a ¥3.04 trillion ($28 billion) supplementary budget for fiscal 2018 to fund measures including the bolstering of defences against natural disasters. The House of Councilors approved the second extra budget for the year through March following its passage at the ...
Abe Cabinet approves reworked 2019 draft budget after Japan jobs data debacle
The rework was required after the government was revealed to have published a monthly labor survey without having collected sufficient data over a 15-year period.
Government to review statistics after revelation that faulty Japan jobs data spanned 14 years
The government will rework the budget for fiscal 2019 to include the cost of reimbursing people who did not receive enough benefits.
Can the social security system be sustained?
Due to demographic changes, the welfare state that many developed countries aimed to create in the mid-20th century is now out of reach.
Tokyo to host two-day esports event in fiscal 2019, Gov. Yuriko Koike says
Tokyo will host an esports event during fiscal 2019 to promote the capital's video game and anime industries, Gov. Yuriko Koike said Sunday. The Tokyo Metropolitan Government plans to set aside ¥50 million in the budget for the fiscal year, which starts in April, to ...
The Defense Ministry will crank into high gear its research to develop a high-output military laser that can intercept mortar rounds and enemy drones flying at low altitudes. The ministry included development outlays of ¥8.7 billion for such research in the fiscal 2018 budget. It plans ...
Kono will have visited 61 countries and regions during his tenure, including his ongoing tour of three North African nations — Morocco, Tunisia and Algeria — through Saturday.
Japan drags feet on cutting deficit as pre-tax hike budget tops ¥100 trillion
The budget shows Abe’s desire to prevent a tax hike from putting the brakes on the economy by triggering a plunge in demand.
Costs for key Daijosai Imperial ceremony to total ¥2.7 billion
The Imperial Household Agency said Friday expenses for Daijosai, a key ceremony that will be carried out by Crown Prince Naruhito next year after his accession to the throne, will total ¥2.72 billion, up a nominal ¥470 million from the previous rite held in ...
As social security, defense expenses continue to rise, Cabinet OKs record ¥101 trillion draft budget
The Cabinet of Prime Minister Shinzo Abe on Friday approved a record-high ¥101.46 trillion draft budget for fiscal 2019, topping ¥100 trillion for the first time amid swelling social security and defense expenses, meaning Japan remains far from consolidating its battered fiscal health despite ...
Japan fiscal 2019 tax revenue expected to hit record ¥62.5 trillion
Tax revenue is expected to hit a record high of ¥62.5 trillion in fiscal 2019, Prime Minister Shinzo Abe said Wednesday. The amount of new Japanese government bonds to be issued in the fiscal year from April, excluding refinancing bonds, is likely to decline from ...
