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April 30, 2024
 

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FISCAL SPENDING

Japan Times
BUSINESS
Dec 19, 2019
Bank of Japan keeps policy steady after Abe announces fiscal package
BOJ officials see a sizable impact from Abe's fiscal spending, which is expected to boost the economy by 0.35 percentage points, according to economists surveyed.
BUSINESS / Economy
Dec 17, 2019
Fiscal policy must play key role in supporting Japan's economy, says ex-BOJ exec
Fiscal policy must play a key role in supporting the nation's economy if overseas risks threaten to derail a fragile recovery, as the central bank has little left in its policy tool kit, a former Bank of Japan executive said on Tuesday.
Japan Times
BUSINESS / Economy
Dec 16, 2019
Economists predict Bank of Japan will stand pat this week after Abe stimulus
The Bank of Japan will leave monetary policy unchanged this week, and probably for much longer, after Prime Minister Shinzo Abe unveiled a stimulus package to bolster growth, according to a Bloomberg survey.
BUSINESS
Dec 13, 2019
Japan's Cabinet approves ¥4.47 trillion extra budget focused on post-disaster reconstruction
The Cabinet approved Friday an extra budget totaling ¥4.47 trillion for this fiscal year, to support reconstruction efforts following natural disasters and prepare mitigation measures for similarly catastrophic events in the future.
BUSINESS
Dec 12, 2019
Japan's extra budget for fiscal 2019 expected to reach ¥3.2 trillion
The government plans to earmark ¥3.2 trillion in spending under a planned supplementary budget for fiscal 2019, which ends in March, sources said Thursday.
Japan Times
BUSINESS / Economy
Dec 7, 2019
Economists agree on one thing about Abe's stimulus package: It helps the Bank of Japan
Economists are divided over how much good Prime Minister Shinzo Abe's new stimulus package will do in terms of sparking extra growth, but there's one thing they do seem to agree on: The Bank of Japan is off the hook for now.
Japan Times
BUSINESS / Economy
Dec 5, 2019
Cabinet approves ¥26 trillion stimulus package to prop up slowing Japanese economy
Economists say the stimulus package could slow down Japan's efforts to improve its fiscal health, which is the worst among major industrialized economies.
Japan Times
BUSINESS / Economy
Dec 3, 2019
Japan preparing ¥13 trillion stimulus package as recession risks rise
The spending could further strain the industrial world's heaviest public debt burden, which is more than twice the size of the Japanese economy.
Japan Times
COMMENTARY / Japan
Nov 29, 2019
What Japan's next stimulus package should aim for
The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.
Japan Times
BUSINESS
Nov 29, 2019
Massive fiscal stimulus in works as Japan's politicians shrug off concerns about national debt
Japan looks set to re-embrace the power of public spending with one of its biggest ever stimulus packages.
BUSINESS
Nov 28, 2019
Bank of Japan Gov. Haruhiko Kuroda backs fiscal spending but warns of climate change risks
Bank of Japan Gov. Haruhiko Kuroda endorsed on Thursday government plans to compile a fiscal spending package for disaster relief and measures to help the economy stave off heightening global risks.
EDITORIALS
Nov 14, 2019
Ensure effective state spending to prevent disasters
Whenever the nation is hit by a major disaster, infrastructure shortcomings become painfully clear.
EDITORIALS
Aug 8, 2019
Still a long way to go for fiscal reconstruction
The government must do more to reduce spending and boost revenue to cut the deficit.
Japan Times
COMMENTARY / Japan
Aug 28, 2018
Address Japan's demographic, fiscal woes
The most important items on the agenda should be reversing Japan's population decline and rebuilding the government's fiscal health.
Japan Times
COMMENTARY / World
Jul 22, 2018
Beijing invents a different way to run an economy
The nation has avoided a recession for a quarter-century. Few countries can make the same claim.
Japan Times
COMMENTARY / Japan
Jul 19, 2018
A new tax to fix Japan's dire fiscal straits
There's a better way to increase tax revenue than raising the consumption tax.
Japan Times
COMMENTARY / Japan
Jul 1, 2018
The season of economic policy
Fundamental structural reforms must be pursued with the leadership of the prime minister and his office.
EDITORIALS
May 31, 2018
Face up to harsh reality of fiscal consolidation
As the government struggles to put together a credible road map to fiscal consolidation, the public should also grapple with the question of how the nation's fiscal health can be regained.
EDITORIALS
Apr 4, 2018
Feasible fiscal consolidation scenario needed
The government should base the new deficit-reduction target on a more feasible growth scenario and engage in steady efforts to streamline its spending.
EDITORIALS
Feb 1, 2018
Realistic fiscal consolidation target needed
Further postponing the goal of achieving a primary budget balance risks making Japan's commitment to fiscal consolidation less credible.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'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.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
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.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
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.

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