The government has decided to spend more than 1.51 trillion yen from this year's reserve fund as expenses for implementing emergency measures in response to the rise in prices due to the situation in Ukraine.

At a ministerial meeting held on the 26th, the government decided on emergency measures in response to soaring oil prices and prices.



Based on this, the government decided at a cabinet meeting on the 28th to spend 1.511 trillion yen in total as expenses for implementing measures, such as general reserves for this year and reserves for new corona measures. I did.



Looking at the breakdown, in order to curb the rise in fuel prices such as gasoline, the subsidy to be provided to oil wholesale companies up to 35 yen per liter will be 277.4 billion yen next month.



As for measures to ensure a stable supply of raw materials and food,


▽ A total of 43.5 billion yen will be added to the fund to provide compensation to livestock farmers as the price of grains used as feed for livestock rises.



▽ 4 billion yen to support transportation costs for increasing production of domestic timber, for which demand is increasing.



In addition, as a support for those who are facing rising prices due to the corona disaster and are having trouble living, 204.3 billion yen will be spent on providing a benefit of 50,000 yen per child to low-income child-rearing households. I will devote it.



The government will formulate a supplementary budget for this year of 2.7 trillion yen, which includes the cost of subsidies to oil wholesalers after June and the additional reserve fund, by the end of next month. The policy is to allocate a total of about 6.2 trillion yen to a series of measures.

Treasury Minister Suzuki "Surely recovering economic and social activities"

Regarding the decision to spend the reserve fund, Minister of Finance Suzuki said at a press conference after the Cabinet meeting, "Urgent and agile response to the impact on people's lives and economic activities due to soaring crude oil prices and prices due to the situation in Ukraine etc. However, we will ensure the recovery of economic and social activities from the Corona disaster. "



On the other hand, regarding the criticism of spending a huge amount of reserve funds that can be used without the approval of the Diet, "This time so as not to hinder the smooth recovery of economic and social activities from the Corona disaster. The use of reserve funds is urgent and appropriate. From the perspective of fiscal democracy, I don't think there is a problem, but it is important to explain it carefully at the Diet. " ..