Minister of Internal Affairs and Communications Temporary Financial Measures Bond Issue “Continue Advising” December 17, 12:13
The Minister of Internal Affairs and Communications, Taka City, has planned for the local government that there are virtually no funds available for repayment in 25 prefectures over one of the debts of the local government The idea of continuing to call for a reasonable amount of money was shown.
The “Temporary Financial Measures Bond” is a system in which local governments temporarily borrow on behalf of the country in response to a shortage of local government resources.
Funds for repayment are distributed annually from the country, but according to a survey by the Ministry of Internal Affairs and Communications, as of the end of 2017, the fact that some of the funds were used for other purposes in 25 prefectures Above, I found out that there was a shortage of accumulation.
Mr. Takaichi said at a press conference that “the financial management of local governments should be judged voluntarily based on local circumstances, but it is important to have a planned management from a medium- to long-term perspective”.
In addition, he said, “We will continue to advise that it is appropriate to repay and accumulate funds in order not to put off the burden on the future for temporary financial measures bonds”.