Regarding the budget request for the budget for the next fiscal year and the 5th year of Reiwa, which was closed on the 31st, there were a series of "item requests" that do not indicate the amount in fields such as defense, Finance Minister Suzuki said at the Cabinet meeting on the 2nd. At a later press conference, I emphasized my stance of emphasizing fiscal discipline and wanting to make appropriate assessments.
The budget requests from ministries and agencies for the next fiscal year's budget will be closed on the 31st, and the total amount requested is expected to exceed 110 trillion yen for the second consecutive year.
In relation to this, Minister of Finance Suzuki commented on the future budget formulation, saying, "In order to fully engage in efforts to address important domestic and international issues, we must boldly prioritize our budget. A sound financial foundation is essential," he said.
On top of that, regarding the succession of "item requests" that do not indicate the amount in important fields such as defense and GX = green transformation, Minister Suzuki said, "There are many item requests, but fiscal discipline should not be lost due to them. I would like to formulate a budget based on principles to determine whether even items that have been designated as requests are really necessary.”