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WorldPosted at: Apr 16 2025 2:01PM


Japan unlikely to compile extra budget for stimulus now

Tokyo, Apr 16 (UNI) A supplementary budget for fiscal 2025 to fund stimulus measures to deal with price hikes and U.S. hefty tariffs is unlikely to be submitted during the current ordinary parliamentary session, local media reported.
Instead of a supplementary budget, the government is now expected to cover the cost of anti-inflation measures, such as electricity and gas subsidies, with reserve funds in the initial budget for the year through March 2026, which began this month, Jiji Press reported, citing informed sources.
The government and ruling parties initially considered beginning full-scale discussions this month on compiling the supplementary budget, but have decided to hold off to monitor the developments of the U.S. tariff policy, as it has already changed several times, the report said.
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