Next year's budget plan exceeds 102 trillion yen, reaching record high
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The government's budget plan for the next fiscal year is expected to reach a record high, with the total amount of the general account exceeding 102 trillion yen, in addition to the increase in social security costs due to aging, as well as the cost of newly starting free higher education. is. The budget scale may increase further, and the focus is on how much spending can be curbed.
The government is working on a budget plan for the next fiscal year, aiming for a cabinet decision on the 20th of this month. Under these circumstances, social security expenses such as medical care and pensions are expected to increase by about 400 billion yen from the current fiscal year due to aging.
Also,
▽ In addition to the cost required for childhood education and childcare free of charge starting in October, it will be necessary throughout the year next year,
▽ The cost of free higher education for low-income households to be implemented from April next year will also be added.
further,
▽ Enhancing infrastructure for disaster prevention and mitigation and strengthening of the national land,
▽ Our policy is to spend about 1.80 trillion yen on new economic measures that include a new point system for people with My Number Cards.
As a result, the total amount of the general account of the budget plan for the next fiscal year is 101,457.1 billion yen, surpassing the current fiscal year, exceeding 102 billion yen, and it is certain that it will be a record high.
While the budget scale may expand further, tax revenue is expected to be over 63 trillion yen, and the focus will be on how much spending can be curbed.