Next year's budgeting policy draft Reduce administrative procedure costs by more than 20% November 27 6:09
The draft of the basic policy that the government will soon decide for budgeting next year will be clarified. Together with this year's supplementary budget plan, the government will take all possible measures against economic downside risks and streamline administrative procedures. It also states that the cost will be reduced by 20% or more.
In formulating the budget for the next fiscal year, the “15-month budget” concept combined with the revised budget proposal for this fiscal year was used to respond to economic downside risks due to trade friction in the US and China, and after the Tokyo Olympics and Paralympics. We are taking flexible and thorough measures such as measures to revitalize the economy and lead to the realization of sustainable economic growth led by private demand.
In addition, with regard to recovery and reconstruction from successive natural disasters, we will further promote disaster prevention, mitigation and toughening of the land, focusing on flood countermeasures, and ensure the safety and security of the public.
On the other hand, in light of the difficult financial situation, in fiscal 2025, with the aim of making the basic fiscal balance of the country and the local area = primary balance surplus, we promoted digitization of administrative services and simplified and efficient procedures. It also states that the cost will be reduced by 20% or more.
The government will present this draft at an economic and financial advisory meeting on the 27th, and the government will decide on the basic policy for budget formulation at the beginning of next month.