Tag - budgets

 
 

BUDGETS

Japan Times
JAPAN / Politics
Jul 17, 2022
Japan to allow defense budget requests without specific amounts
The government usually sets a ceiling on spending requests to avoid expenditures from increasing too much and straining Japan's already worsening finances.
Japan Times
BUSINESS
Jun 1, 2022
Japan tweaks budget goal wording to gain more fiscal flexibility
Japan's target of balancing its budget excluding debt payments by 2025 had long seemed unlikely, even by the government's own growth projections.
Japan Times
BUSINESS
May 31, 2022
Japan approves ¥2.7 trillion extra budget bill to fend off inflation
The entire budget, which will be financed by government bonds, is being directed toward a u00a56.2 trillion emergency relief package put together to fend off rising prices.
Japan Times
JAPAN
May 27, 2022
Japan to 'drastically strengthen' defense capability, policy draft says
The draft does not specify security threats in the region, but Japan's defense planners have expressed repeated concern about China and North Korea.
Japan Times
JAPAN / Politics
May 23, 2022
Biden vows to defend Taiwan as Kishida pledges unprecedented hike in defense spending
The U.S. leader's comment — which was at odds with Washington's long-standing policy — came after his first in-person summit with Kishida.
Japan Times
JAPAN / Politics / FOCUS
May 22, 2022
Kishida and Biden to vow bolstered defenses as Ukraine war looms large for Asia
Kishida is expected to use plans for boosted defense spending and a tougher public stance on China as a way to nudge Biden to more clearly recognize and address Tokyo's concerns over Taiwan.
JAPAN / FOCUS
Apr 27, 2022
LDP proposal heralds big changes for Japan's security policies
Touting need to break precedent, the ruling party has recommended that Japan acquire 'counterattack capabilities' and boost defense spending to 2% of GDP within five years.
Japan Times
LIFE / Lifestyle
Apr 16, 2022
Money matters: Fight inflation with better finance fundamentals
In the face of inflation-induced price hikes, it's back to basics for personal finance.
BUSINESS / FOCUS
Apr 6, 2022
As Japan's politicians call for big spending amid price hikes, some question the timing
With an Upper House election approaching in July, economists have pointed out that the move appears to be politically motivated.
BUSINESS
Mar 23, 2022
Kishida eyes fresh spending package to cushion blow of rising costs
The war in Ukraine has triggered a rise in energy and raw material costs which have pushed up the cost of imported goods in a blow to Japan's fragile economy.
JAPAN
Mar 15, 2022
Japan ruling coalition proposes new stimulus package to cushion economy
The coalition also urged the government to offer payouts to pensioners to ease the pain from the COVID-19 pandemic, a sign Tokyo will be slow in weaning off crisis-mode support.
Japan Times
WORLD
Mar 15, 2022
Germany leads EU spending push, going big with F-35 buy
Berlin says it will purchase 35 of the $100 million-plus warplanes and 15 Eurofighter jets equipped for electronic warfare as part of its response to Russia's invasion of Ukraine.
Japan Times
BUSINESS
Mar 9, 2022
Japan’s economy needs more spending aid, Abenomics advocate says
The call for more stimulus by Etsuro Honda comes barely three months after Prime Minister Fumio Kishida unveiled a bigger-than-expected u00a556 trillion package to support the economy.
Japan Times
ASIA PACIFIC
Mar 5, 2022
China defense budget rises 7.1% for fastest clip in three years
China projected defense spending growth is the fastest pace since 2019 as President Joe Biden moves to strengthen the United States' position in the Indo-Pacific region.
JAPAN / ANALYSIS
Mar 4, 2022
How Germany’s historic shift on military spending could affect Japan’s defense plans
Berlin's about-face on its modest defense budget, which immediately followed Russia's invasion of Ukraine, has already begun to re-energize the issue of spending in Tokyo.
Japan Times
WORLD
Feb 27, 2022
Germany to lift defense spending in latest historic policy shift
German Chancellor Olaf Scholz said his country will spend more than 2% of GDP each year on defense, in line with a NATO target that Berlin has consistently failed to meet.
JAPAN
Dec 24, 2021
Japan’s draft budget hits record high for 10th straight year
Spending on areas such as social security and defense has jumped, while estimated tax revenue has been revised upwards.
Japan Times
WORLD / Politics
Dec 20, 2021
U.S. Sen. Joe Manchin delivers potential fatal blow to Biden's $1.75 trillion spending bill
The Democratic senator backtracked on supporting Biden's signature domestic policy bill, known as Build Back Better, which aims to expand the social safety net and tackle climate change.
JAPAN
Dec 15, 2021
Extra budget to finance Kishida's massive stimulus package clears Lower House
The administration hopes to roll out economic and coronavirus measures quickly, as Japan's economy is still weighed down by the impact of the pandemic.
Japan Times
JAPAN
Nov 27, 2021
Japan extra defense budget hits record amid China tensions
The additional money would cover the cost of missiles, patrolling aircraft, torpedoes, helicopters and other equipment.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past