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May 17, 2024
 

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BUDGETS

Japan Times
BUSINESS / ANALYSIS
Nov 19, 2021
Japan stimulus swells to record, but analysts say it amounts to 'pork-barrel spending'
While the stimulus package covers a range of policies and includes help for a battered health care system, many economists have raised doubts over whether it will shore up the economy.
Japan Times
BUSINESS
Nov 18, 2021
Japan to spend record ¥55.7 trillion for economic stimulus
The package has turned out to be larger than expected as Prime Minister Fumio Kishida will increase support for households and companies to redistribute wealth.
Japan Times
JAPAN
Nov 6, 2021
Japan eyes ¥100,000 cash handout for children aged 18 or younger
The cash handout program could be included in a fresh economic stimulus worth 'tens of trillions of yen' that Prime Minister Fumio Kishida plans to craft by mid-November.
Japan Times
JAPAN / Politics
Nov 1, 2021
Kishida lays out broad policy plans following election victory
The prime minister signaled on Monday that he will pursue defense policies aimed at deterring China, address climate change and accelerate the recovery from the pandemic.
Japan Times
JAPAN / Politics / ANALYSIS
Oct 18, 2021
Japan's LDP vows sharp defense budget hike, but public focus elsewhere
With voters and the party's coalition partner, Komeito, more concerned about resuscitating Japan's pandemic-hit economy, large increases to defense outlays are unlikely to win much support.
Japan Times
BUSINESS / Economy
Oct 14, 2021
Japanese companies back Kishida's plan for big fiscal stimulus, poll shows
The Corporate Survey showed 87% of firms urged a large extra budget to fund the stimulus, with 40% demanding an outlay of u00a510 trillion to u00a520 trillion.
Japan Times
JAPAN / Politics
Oct 9, 2021
Japan ruling party manifesto calls for sharp rise in defense spending
The LDP aims to raise the defense budget, which has been about 1% of gross domestic product in recent decades, 'with an eye on bringing it even above 2%,' a draft of the manifesto said.
Japan Times
JAPAN
Aug 31, 2021
Japan's fiscal 2022 budget requests hit record of over ¥111 trillion
The initial budget looks likely to set an all-time high for the 10th straight year, fueling concern over the further deterioration of Japan's fiscal health.
Japan Times
JAPAN
Aug 31, 2021
Japan seeks record defense budget with spending for new technologies
The u00a55.4 trillion request — much of which is intended to counter China's growing military muscle — would exceed fiscal 2021's record initial budget, rising for the tenth consecutive year.
Japan Times
JAPAN
Aug 27, 2021
Japan to use ¥1.4 trillion in reserve funds for COVID-19 measures
u00a5841.5 billion will be used for more vaccines, while around u00a5235.2 billion was earmarked for coronavirus-related treatments.
Japan Times
BUSINESS / Economy
Aug 26, 2021
Japan's fiscal 2022 budget requests expected to top ¥110 trillion for first time
Interest payments and other debt-servicing costs will surge 27.3% to a record u00a530.24 trillion under the new budget, the sources said, citing the ministry's estimate.
Japan Times
JAPAN
Aug 20, 2021
Japan to seek record defense budget topping ¥5.4 trillion
The government is aiming to beef up its capabilities around remote southwestern islands to counter China's growing naval activities.
Japan Times
JAPAN
Jul 13, 2021
¥20 trillion of fiscal 2020 virus stimulus packages yet to be used
Delays in clerical work are believed to lie behind the amount yet to be used for some projects.
Japan Times
BUSINESS / Economy
Jul 8, 2021
Japan approves ¥4.4 trillion for green growth
The green growth strategy is one of four priority areas to focus on outlined by the Finance Ministry in the guidelines for the initial budget for the fiscal year starting next April.
Japan Times
WORLD / Politics
May 29, 2021
Biden’s $6 trillion budget aims for path to the middle class, financed by the rich
The budget envisions a redistribution of wealth that will allow more Americans to enjoy prosperity, buoyed by investments in education, infrastructure and climate-related initiatives.
Japan Times
JAPAN / Politics
May 25, 2021
Japan ruling party seeks drastic defense budget rise amid China threat
The move seeking a rise in the budget comes as neighboring countries are increasing their own defense spending.
Japan Times
BUSINESS / Economy
May 20, 2021
Japan’s 2025 budget goal is near impossible, debt panel member says
Measures such as spending cuts or tax increases to meet the goal would shave 1% off the economy each year and are therefore unlikely, says Ayako Fujita.
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.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.

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