Tag - budgets

 
 

BUDGETS

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
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
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.
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 / 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
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 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.
BUSINESS
Nov 30, 2020
Key Japanese lawmaker says third extra budget may not be last
A key ruling party lawmaker said an extra budget being drafted now may not be the end of Japan’s stimulus spending this fiscal year given the uncertainty surrounding the spread of the coronavirus.
Japan Times
BUSINESS / Markets
Nov 27, 2020
Japan bond market in the dark on new sales as virus cases spike
As coronavirus infections spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget.
Japan Times
BUSINESS / Economy
Nov 19, 2020
¥10 trillion needed to set Japan on green path, says Suga adviser
'What's key for the Japanese economy now is whether we can strengthen our growth strategy and conduct reforms,' said Mitsumaru Kumagai, chief economist at Daiwa Institute of Research Ltd.
Japan Times
BUSINESS / Economy
Nov 13, 2020
Japan’s economy seen clawing back half of pandemic losses
Economists see gross domestic product jumping at an annualized pace of 18.9% in the three months through September, helped by improved trade with the United States and China.
Japan Times
JAPAN
Nov 9, 2020
Suga signals readiness for new stimulus package
Suga said he would instruct his Cabinet on Tuesday to begin work on a third extra budget, Jiji news agency reported.
Japan Times
JAPAN / Society
Oct 30, 2020
Exhausted emergency fund may force Tokyo into debt and deep cuts
The metropolitan government has already begun to slash expenses, reroute money from other designated funds and borrow cash to alleviate the pressure.
Japan Times
JAPAN
Oct 24, 2020
Japan weighs ¥10 trillion extra budget to counter coronavirus, report says
The government may extend a domestic travel subsidy system but is unlikely to offer more direct cash handouts to households, the newspaper reported.
Japan Times
BUSINESS / Economy
Oct 16, 2020
Japan needs another extra budget to help ailing economy, experts say
Ruling-party lawmakers have likewise called for another stimulus package funded by a third extra budget.
Japan Times
BUSINESS
Oct 10, 2020
Japan may need to consider compiling third extra budget, senior LDP lawmaker says
Japan may need to consider compiling another extra budget to help its economy if the current reserve fund is not enough to respond to the coronavirus pandemic, a senior Liberal Democratic Party lawmaker said.
Japan Times
BUSINESS / Economy
Jun 1, 2020
South Korea unveils $62 billion ‘New Deal’ to reshape post-virus economy
The South Korean government unveiled a 76 trillion won ($62 billion) "New Deal" spending plan to reshape the economy in the aftermath of the pandemic after slashing its growth forecast for the year.

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