Tag - budgets

 
 

BUDGETS

Japan Times
BUSINESS / Economy / FOCUS
Mar 29, 2021
Japan’s ¥106 trillion record budget could just be the start in election year
Some ruling party lawmakers are calling for more stimulus along the lines of the massive aid package adopted this month in the United States.
Japan Times
BUSINESS
Mar 26, 2021
Diet enacts record ¥106.61 trillion budget for fiscal 2021
The Diet on Friday enacted a record ¥106.61 trillion budget for fiscal 2021 to finance steps to mitigate the fallout from the coronavirus pandemic as well as rising social security and defense costs, once again forgoing fiscal consolidation.
Japan Times
JAPAN
Mar 23, 2021
Japan to use ¥2.17 trillion from reserve funds for virus-hit sectors and households
The funding includes u00a51.54 trillion for local authorities to aid restaurants and bars that comply with requests to close early as part of anti-COVID-19 measures.
Japan Times
BUSINESS / Economy
Mar 12, 2021
Japan needs trillions of yen more in stimulus, influential LDP lawmaker says
Fresh spending and the debt issued to pay for it would help fuel the BOJ's easing campaign and have a beneficial impact on the yen and stocks, according to Kozo Yamamoto.
Japan Times
ASIA PACIFIC / Politics
Mar 6, 2021
South Korean envoy hopes to wrap up talks with U.S. on defense costs
South Korea is seeking to iron out remaining differences and sign a deal with Washington on sharing costs for stationing 28,500 American troops in the country, its chief envoy has said.
Japan Times
ASIA PACIFIC
Mar 6, 2021
China defense spending gets mild boost amid economic caution
China's 2021 defense spending will rise 6.8% from 2020, up slightly from last year's increase and broadly tracking the government's modest growth forecast, as the world's second-largest economy emerges from the repercussions of the coronavirus pandemic.
Japan Times
ASIA PACIFIC / ANALYSIS
Feb 28, 2021
China expected to unveil hike in military budget as tensions rise
Beijing likely to reveal a robust increase in defense spending at the March 5 annual opening of its parliament, as its economy rebounds from the COVID-19 pandemic.
Japan Times
JAPAN
Feb 9, 2021
Japan to spend ¥1.14 trillion from reserve funds for virus subsidies
The funding includes u00a5880.2 billion to be given to local municipalities so that they can offer financial aid for restaurants and bars that comply with requests to close early.
Japan Times
JAPAN
Jan 26, 2021
Lower House OKs ¥19 trillion extra budget despite criticism of virus measures
Opposition lawmakers claim the aid for medical workers and people in need is insufficient, saying funds for the Go To Travel campaign should be eliminated or reduced.
Japan Times
JAPAN / FOCUS
Jan 9, 2021
Basic income proposal by influential Suga adviser hard to sell in Japan
The idea has caught Prime Minister Yoshihide Suga's eye at a time when the coronavirus pandemic is stirring worries about job security and social inequality.
Japan Times
JAPAN
Dec 29, 2020
After massive COVID-19 spending, how large is Japan’s debt?
Experts say increased spending is unavoidable but that Japan will need to start seriously discussing how it will deal with its debt once the pandemic eases.
Japan Times
BUSINESS / Economy / FOCUS
Dec 22, 2020
Concern as Japan's fiscal discipline further loosened with record budgets
'It's a waste of money to take consumption-stimulating steps through extra budgets at a time when we have yet to contain the spread of the virus,' one economist said.
Japan Times
BUSINESS / Economy
Dec 21, 2020
Japan's Cabinet approves record ¥106.61 trillion budget for fiscal 2021
The budget raises concern over a further deterioration of the country's fiscal health, already the worst among major economies.
Japan Times
JAPAN
Dec 21, 2020
Japan approves record defense budget for fiscal 2021 amid China threats
The draft budget, up 0.5% from the previous year, includes funding to introduce new standoff missiles capable of attacking enemy vessels from outside their firing range.
Japan Times
JAPAN / Politics
Dec 17, 2020
Japan's fiscal 2021 budget to be around ¥106.61 trillion
Topping u00a5100 trillion for the third year in a row, the figure exceeds fiscal 2020's initial budget of u00a5102.66 trillion.
Japan Times
JAPAN
Dec 16, 2020
Japan's 2021 defense budget to be record high of ¥5.34 trillion
As for tax revenue, the government predicts it to be below u00a560 trillion for fiscal 2021, given the expected fallout from the pandemic on corporate earnings, the sources said.
Japan Times
BUSINESS / Economy
Dec 15, 2020
Japan approves ¥21.8 trillion extra budget to fund pandemic support
Total new debt issuance for the current fiscal year will hit a record high of over u00a5112 trillion — more than double the previous record set after the global financial crisis.
Japan Times
JAPAN
Dec 11, 2020
Cabinet approves five-year plan to speed up anti-disaster projects
The total cost of around u00a515 trillion ($144 billion) to fund 123 projects will come from the state budget, local governments and private investment.
Japan Times
BUSINESS / Economy
Dec 10, 2020
Budget to hit record as Japan loosens purse strings to fight virus
The total may even surpass u00a5105 trillion, including u00a55 trillion set aside as reserve funds for costs related to the pandemic.
Japan Times
BUSINESS / Economy / FOCUS
Dec 9, 2020
Suga raises bet on Japan's Go To Travel campaign with ¥73.6 trillion package
With Cabinet support falling amid the uptick in COVID-19 cases, he needs to balance the need to support growth against the risk of spreading the virus.

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