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The supplementary budget marks a reversal from Takaichi's previous remarks ruling out the need for extra spending.
The planned supplementary budget is expected to function as an emergency relief measure rather than a broad economic stimulus program.
Totaling over ¥3 trillion, the draft extra budget is aimed at increasing reserve funds in light of Middle East tensions.
Here are developments in Japanese national politics as of the weekend: The Takaichi government is moving f...
The House of Councillors passed the Takaichi government’s JPY 3.11 trillion budget on Friday, June 5, as expected, with the Democratic Party for the People (DPFP), Team Mirai, and...
Prime Minister Sanae Takaichi said last month that the extra budget would be used to ease the rising cost of petrol, electricity and gas
To implement support to curb household utility, gas bills from July to SeptemberWill allocate ¥500 billion from reserves for related subsidiesWill compile extra budget of more than...
政府は中東情勢を受け、一般会計の総額が3兆1135億円となる今年度の補正予算案を決定し、国会に提出しました。
The four-party alliance government on Wednesday submitted its second supplementary budget proposal for 2026 to Parliament, said an official press release. In the second supplement...
The budget committees of both the upper and lower houses will each spend one day deliberating the extra budget for the fiscal year that started in April.
This just means that the fiscal worries will continue to mount, adding to the already damaging reputation for the yen currency amid the Takaichi trade from before.The report says t...
Japan's swift budget reversal highlights economic volatility, signaling potential shifts in fiscal policy and investor sentiment amid inflation. The post Japan’s extra budget expec...
The Japan Innovation Party has long sought a backup capital plan, agreeing to join the ruling coalition last year in exchange for passing legislation on it.
The projections are in line with Cabinet Office estimates based on the premise that the government's growth strategy is successfully implemented over the next 14 years.
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