Supplementary budget draft submitted to the Diet
December 6, 2021
The government on Monday submitted to the Diet a draft of the fiscal 2021 supplementary budget that includes the new economic stimulus package.
At about ¥35.99 trillion, it marks the largest-ever general account expenditures as a supplementary budget. The government and ruling parties aim to approve it by the end of this month.
Of the amount, about ¥31.56 trillion is earmarked for costs to implement new economic stimulus measures. About ¥18.61 trillion will go toward measures to prevent infections of the novel coronavirus and about ¥8.25 trillion to fund the launch of a new form of capitalism agenda being pushed by Prime Minister Fumio Kishida.
Other budget items include ¥100,000 stipends to residents 18 and under; aid to small- and mid-sized businesses financially affected by the pandemic; subsidies to secure domestic production bases for advanced semiconductors; and raising wages of day care workers, nursing home staff and hospital nurses.
"Politics" POPULAR ARTICLE
-
Japan Ministry Concerned Over Same-Sex Couple Receiving City-Issued Resident Certificates Referring to ‘Common-Law Husband’
-
Japan Govt Predicts China’s Forces Could Land on Taiwan Within 1 Week of Enforcing Blockade; Drills Conducted in 2023 Analyzed
-
Tokyo Governor Yuriko Koike Wins Third Straight Term; Voters Respond to Achievements in Child Care, Education
-
Incumbent Tokyo Governor Leads as Election Day Approaches; 20% of Survey Respondents Still Undecided
-
Japan, U.S. to Compile Joint Document on Extended Deterrence; Foreign, Defense Ministers to Hold Talks
JN ACCESS RANKING