• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Japan gov’t to compile big extra budget after polls, says LDP heavyweight

October 3, 2021 by David Barret Leave a Comment

October 3, 2021

TOKYO (Reuters) – Japan will compile a considerably large supplementary budget immediately after the upcoming general election to ease pandemic pain and back long-term growth in areas such as green, digital and infrastructure, a ruling party heavyweight said on Sunday.

“What must be tackled at first is vaccinations. This is the strongest of coronavirus measures,” Akira Amari, newly appointed secretary-general of the Liberal Democratic Party (LDP), told public broadcaster NHK’s political debate programme.

Japan should bring the vaccination rate from around 60% at present to as much as 70% to 80%, levels seen as easing anxiety among the public, Amari said.

“We have responded with various measures by tapping emergency budget reserves. Now the reserves are drying up, we will compile a considerably large extra budget immediately after election.”

Given dire public finances, Japan’s next prime minister, Fumio Kishida, may have little choice but to sell more government bonds to fund a pandemic-relief package that he said would be worth hundreds of billions of dollars.

Kishida, a former foreign minister, won the LDP’s leadership race on Wednesday and is almost certain to take over Yoshihide Suga as premier on Monday by virtue of the party’s majority in the powerful lower house.

Kishida is widely expected to be officially voted in as prime minister when parliament is convened on Monday and will announce a cabinet reshuffle later in the day.

Amari, a former economy minister seen as a key ally of Japan’s longest-serving premier Shinzo Abe, was appointed secretary-general on Friday.

(Reporting by Tetsushi Kajimoto; Editing by Christopher Cushing)

Source Link Japan gov’t to compile big extra budget after polls, says LDP heavyweight

David Barret
David Barret

Related posts:

  1. Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla
  2. Taiwan lands fighters on highway as annual drills reach peak
  3. Euro zone production stronger than expected in July
  4. Aurora Cannabis targets more cost cuts on path to profitability

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • In 1973, A Handful Of People Witnessed A Whopping 74-Minute Total Eclipse
  • Does Putting A Metal Spoon In Champagne Really Keep It Fizzy?
  • Why Scientists Are Going Over A Kilometer Underground In The Search For Alien Life
  • The Deadliest Animal In The US Isn’t What You’d Expect
  • Humpback Whale Flippers Let Them Move “Like Underwater Fighter Pilots” To Make Unique Bubble Nets
  • The Only Place On Earth Where You (Yes, You) Can Search For Diamonds – And Keep What You Find
  • Bizarre Gravitational Collisions Reveal Hints Of First Black Hole Throuple
  • Newly Discovered Dinosaur’s “Sail-Like” Structure Along Its Back May Have Attracted Mates
  • What Are Lagrange Points, And Why Are They Important?
  • Fish Left The Ocean 10 Million Years Earlier Than Thought, JWST Spots Tiny New Moon Just Outside Uranus’s Rings, And Much More This Week
  • IFLScience We Have Questions: Do Humans Have Pheromones?
  • The Least Visited Place On Earth Is Disappearing Quickly – And May Be Reborn Online
  • Climate Models Have Predicted Sea Level Rise Almost Perfectly For 30 Years
  • Atlantic Great White Sharks Are Creeping Up The East Coast Of The US And Canada
  • New World Screwworm: What Is It, And Why Is It Hitting The Headlines?
  • Australia Has Its Very Own “Area 51”
  • Think You Know What A Bald Eagle Sounds Like? Think Again
  • GLP-1s: Your No-Nonsense Guide To The Latest Science Behind The “Skinny Jabs”
  • Deep In Virginia, When The Light Hits Just Right, A “Rainbow Swamp” Appears
  • New Approach To Einstein’s Equations Might Tell Us What Happened Before The Big Bang
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version