Govt OK’s Bill to Bolster Measures Tackling Decline in Birth Rate
11:07 JST, February 17, 2024
TOKYO (Jiji Press) — The government adopted at a cabinet meeting on Friday a bill aimed at bolstering measures to tackle the country’s declining birth rate.
The bill to amend related laws includes plans to expand child benefits and establish a scheme allowing any children to enroll in day care establishments regardless of whether their parents work or not.
In order to secure funds necessary for such measures, the government will collect “support funds” widely from the general public, from the people and companies, in the form of extra fees to be added to public medical insurance premiums.
The government is planning to spend ¥3.6 trillion a year through fiscal 2028 on measures tackling the falling birth rate. Such measures will also be financed by existing budgets and through expenditure cuts.
The country plans to start off by securing ¥600 billion in support funds in fiscal 2026.
The amount of money collected under the support fund system will rise to ¥800 billion in fiscal 2027 and ¥1 trillion in and after fiscal 2028.
Such funds per person will come to an average of just under ¥300 a month in fiscal 2026, just under ¥400 in fiscal 2027 and just under ¥500 in fiscal 2028.
"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
- Prices of over 10,000 Food and Beverage Items to Rise This Year; Figure is down from over 30,000 Last Year
- Sony Group to End Production of Blu-ray Discs; Market Has Shrunk Due To Growth Of Hard Disk Drives, Streaming
- Japan Ministry Concerned Over Same-Sex Couple Receiving City-Issued Resident Certificates Referring to ‘Common-Law Husband’
- Japan Court OKs Sex Change without Surgery
- Pacific Islands Leaders Not Totally in Tune on China Approach as Meeting Ends in Tokyo; Positions Differ on Treated Water, Joint Drills