7:09 on March 24 due to coronavirus economic measures to consider additional issuance of deficit government bonds
The government is issuing additional debt-deficit government bonds to provide the necessary resources to implement the measures, as demand for large-scale measures to address additional economic measures following the spread of the new coronavirus increases. I started studying.
Additional economic measures being considered by the government and the ruling party in earnest include proposals such as cash payments and distribution of gift certificates to the public to support consumption, and strengthening of companies' funding support. Is expected to be included.
Immediately after the collapse of Lehman Brothers in April 2009, the government decided that the government's fiscal expenditure was more than 15 trillion yen and the size of the business was more than 56 trillion yen. You.
However, if a supplementary budget is to be organized as soon as the new fiscal year begins in order to implement economic measures, the financial resources that can be provided in addition to the ¥ 500 billion contingency reserved for the new fiscal year budget are limited.
The government, therefore, has been looking into issuing additional deficit-funded bonds, saying that it would have to resort to new debt to implement large-scale measures.
However, in the global bond market, government bonds are being sold due to concerns over the fiscal deterioration of each country due to large-scale fiscal spending, and investors are paying attention to how far they will rely on deficit government bonds.