Tag - budgets

 
 

BUDGETS

BUSINESS
Dec 18, 2015
Abe's Cabinet OKs ¥3.5 trillion extra budget to support economy
Prime Minister Shinzo Abe's Cabinet approved an extra budget Friday worth ¥3.5 trillion for this fiscal year through March to bolster the economy through enhanced welfare services and a more competitive farm sector.
Japan Times
BUSINESS
Dec 17, 2015
Japan to double tourism budget for fiscal 2016 to further lure visitors
The government plans to double the tourism agency's budget for fiscal 2016 to step up efforts to attract more foreign tourists, sources familiar with the matter said Thursday.
BUSINESS
Nov 27, 2015
Abe orders extra budget drafted to boost welfare, agriculture
Prime Minister Shinzo Abe on Friday instructed his Cabinet to compile an extra budget for fiscal 2015 to bolster welfare services and improve the competitiveness of the farm sector.
Japan Times
COMMENTARY / Japan
Nov 22, 2015
Higher education badly in need of a spending boost
The global rankings of Japanese universities will keep falling unless more money is spent to improve the quality of higher education.
BUSINESS
Aug 26, 2015
Japan fiscal 2016 budget requests to hit record ¥102 trillion
Budget requests by Japan's central government offices for the new fiscal year from next April are set to total a record ¥102 trillion ($853 billion), due primarily to social security spending growth in a rapidly aging society, government sources said Tuesday.
Japan Times
JAPAN / Politics
Aug 9, 2015
Japan Defense Ministry to seek record-high ¥5.2 trillion budget for next fiscal year
The Defense Ministry is considering seeking a record-high budget of up to ¥5.2 trillion for fiscal 2016 from next April, following spending hikes over the past three years under the administration of Prime Minister Shinzo Abe, a senior ministry official said.
COMMENTARY / Japan
Jul 2, 2015
Reaganomics is not the answer for Japan
If Abe doesn't rethink his approach, and develop a plan to cut wasteful spending and find new revenue sources, things are sure to get worse for Japan.
Japan Times
BUSINESS
Jun 29, 2015
Japan weighs 'almost suicidal' pension squeeze for growing band of seniors
Sipping beer and listening to a guitarist at an event for retirees in western Tokyo, Sadao Sekine said he backs government plans to cut the nation's ballooning debt — as long as he can keep his benefits.
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
JAPAN / Politics
Mar 8, 2015
Government eyes additional ¥6 trillion for Tohoku reconstruction
A fresh u00a56 trillion in state funds is being prepared to help rebuild areas damaged by the mega-quake and tsunami of March 2011.
Japan Times
ASIA PACIFIC
Mar 4, 2015
Chinese defense spending slows but still tops GDP growth rate
China's central government will increase defense spending at a slower pace than last year as President Xi Jinping overhauls the military and seeks to stamp out the corruption that hinders the country's combat readiness.
BUSINESS / Economy
Feb 3, 2015
Diet enacts extra budget to boost domestic demand
The Diet has enacted a ¥3.12 trillion extra budget for fiscal 2014 to fund an economic stimulus package aimed at boosting domestic demand aggravated by last year's consumption tax hike and the yen's plunge.
BUSINESS / Economy / ANALYSIS
Jan 14, 2015
Budget was no easy feat amid ¥1.5 trillion tax revenue shortfall
The Abe administration faced a daunting task to make up for a revenue shortfall from a delay in the consumption tax hike, and amid a snowballing social security bill, analysts say.
BUSINESS / Economy
Jan 10, 2015
Cabinet rubber stamps ¥3.12 trillion extra budget
Prime Minister Shinzo Abe's Cabinet endorsed on Friday a ¥3.12 trillion extra budget aimed at reviving domestic demand stunned by the April 1 consumption tax hike and weaker yen.
BUSINESS
Dec 18, 2014
Smaller ¥3.4 trillion stimulus package eyed to prop up economy
The compilation of a ¥3.4 trillion stimulus package to prop up the economy is nearly finished, sources close to the matter said Thursday.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 13, 2014
Wall Street scores in Washington, eyes more anti-reform victories
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
WORLD / Politics
Dec 12, 2014
U.S. narrowly averts government shutdown
The U.S. House of Representatives narrowly passed a $1.1 trillion spending bill to avert a government shutdown Thursday less than three hours before a midnight deadline, overcoming strenuous Democratic objections to controversial financial provisions.
Japan Times
WORLD / Politics
Dec 10, 2014
Congress reaches deal for $1.1 trillion U.S. spending bill
Congressional negotiators resolved policy disputes to reach a deal for a $1.1 trillion spending bill on Tuesday but still expected to need a stop-gap extension to avoid a U.S. government shutdown at midnight on Thursday.
Japan Times
BUSINESS / Economy
Jun 27, 2014
Salarymen get a bit more to spend
Japanese wives are raising their husbands' allowances, but only enough to offset the April 1 tax hike as wages continue to languish.
Japan Times
ASIA PACIFIC / Politics
Mar 5, 2014
China says 2014 military budget to rise 12.2 percent
China will increase military spending by 12.2 percent this year, the government says, partly to beef up coastal and air defenses and to develop more high-tech weapons.

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