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May 02, 2024
 

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BUDGETS

Japan Times
JAPAN / Politics / FOCUS
Jun 2, 2023
Lack of detail on Kishida's plan to fund child care measures draws criticism
With a snap election possibly on the horizon, the government is seen as being unwilling to upset voters by increasing the burden on taxpayers.
Japan Times
JAPAN
Jun 1, 2023
Japanese government to set aside extra ¥3.5 trillion annually for child care
With the added budget, Japan’s child care expense per child will be on par with Sweden’s, which is ranked first among OECD countries.
Japan Times
JAPAN
May 25, 2023
Japan considering ¥10,000 monthly benefit for high-school age children
The expansion of the child benefits program is a key policy of Prime Minister Fumio Kishida, aiming to stop the country's birthrate from declining further.
Japan Times
JAPAN / Politics
May 23, 2023
Bill releasing funds to boost defense spending approved by Lower House
Major opposition parties remain opposed to the bill, largely because they are against raising taxes to boost the defense budget.
Japan Times
JAPAN
May 23, 2023
Kishida rules out tax hikes to fund more child care spending
Kishida places priority on boosting child-rearing support, seeing dwindling births as a 'national crisis.'
Japan Times
JAPAN
May 21, 2023
Japan aims to double child-related budgets by 2035
The government plans to create a new special account to unify the management of budgets related to children.
Japan Times
BUSINESS / FOCUS
May 11, 2023
Counting the cost of Japan's COVID-19 fight
The ¥76.5 trillion spent for pandemic measures in the past three years amounts to about ¥637,000 per person.
Japan Times
JAPAN
May 7, 2023
80% in Japan oppose tax hike plan to cover defense spending, poll finds
The unwillingness to accept tax hikes to cover defense outlays comes despite 53% saying they are 'extremely concerned' over China taking military action against Taiwan.
Japan Times
JAPAN / Politics
May 5, 2023
Dissolving Lower House not being considered for now, Kishida says
There has been speculation that the prime minister might call a snap election soon after the G7 summit later this month, as approval ratings for his Cabinet have been picking up.
Japan Times
JAPAN / FOCUS
Apr 14, 2023
Government officials downplay Kishida's pledge to double child care budget
The Kishida administration appears to have lost its bearings after pledging to tackle the low birthrate issue with 'measures on a different dimension' from past efforts.
Japan Times
JAPAN / Politics
Mar 28, 2023
Japan's parliament enacts record ¥114 trillion budget for fiscal 2023
Approval of the budget comes at a time when the debt-ridden nation has been ramping up spending, to ease the burden put on households by rising prices of everyday goods.
Japan Times
BUSINESS
Mar 22, 2023
Japan to spend $15 billion on inflation aid ahead of local polls
The measures include handouts for low-income households and their children, and support for households that use liquefied petroleum gas, according to documents from the Cabinet Office.
Japan Times
BUSINESS
Mar 20, 2023
Japanese government to spend additional ¥2 trillion to soothe inflation pain
Low-income households will receive ¥30,000 and an extra ¥50,000 per child, while funds will also be allocated to reduce the cost of liquefied petroleum gas.
Japan Times
JAPAN / Politics / FOCUS
Mar 9, 2023
Ten years on, reconstruction tax continues to stir debate
Critics have increasingly pointed out misuse of the budget, resulting in growing demands across the political spectrum for stricter criteria for allocating funds.
Japan Times
JAPAN / FOCUS
Feb 28, 2023
With child care policy still in the works, Kishida aims to change parenting perceptions
The government is focused on casting child-rearing in a more positive light amid the lingering perception that the barriers to having children are just too great.
Japan Times
JAPAN / Politics
Feb 28, 2023
Lower House approves record ¥114 trillion budget for fiscal 2023
The budget includes ¥6.82 trillion in defense spending to bolster the nation's defenses against threats posed by China, North Korea and Russia.
Japan Times
JAPAN / Politics
Feb 18, 2023
Japan's fiscal 2023 budget likely to pass Lower House this month
Budget debates have been smooth as the main opposition Constitutional Democratic Party of Japan refrains from blocking deliberations.
Japan Times
JAPAN / Politics
Feb 16, 2023
Kishida’s child care plans raise questions about who will pay and how
Details of the proposal have become a hotly debated topic as Japan looks ahead to key local elections in April.
Japan Times
JAPAN / Politics
Feb 15, 2023
Kishida vows to boost child-rearing budget to 4% of GDP
Japan's public expenditures related to family support stood at around ¥10 trillion in fiscal 2020, accounting for 2.01% of GDP and lagging behind developed European economies.
Japan Times
JAPAN
Jan 30, 2023
Parliament begins budget talks amid focus on Kishida's tax plans
Attention is increasingly turning to when Kishida might call an election, especially given the divisive issue of tax hikes to pay for increased defense spending and child care policies.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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