Today's Parliament submits the largest new budget proposal and supplementary budget proposal in the past January 20 4:22
The government submitted to the ordinary Diet convened on the 20th a new fiscal year budget proposal with a total general account of 102.658 trillion yen, the highest ever, and a supplementary budget proposal for the current fiscal year to implement new economic measures. , The policy is to achieve early.
The budget proposals for the new fiscal year and Reiwa 2 fiscal year were the largest ever in the past due to the increase in social security expenditures such as medical care and pensions due to the aging population and the cost of free higher education for low-income households. Was ¥ 860.8 trillion.
In addition, as a result of including the necessary costs for new economic measures, such as strengthening infrastructure for disaster prevention and mitigation and toughening the national land, the total amount of general accounts increased to a record-high ¥ 102,658.0 billion.
In revenues, tax revenues reached a record high of 63.513.1 trillion yen, reflecting the increase in sales due to the increase in the consumption tax rate, and new issuance of government bonds equivalent to new debt of the country was 32.5562 billion yen, the initial budget for 10 consecutive years. To reduce.
However, nearly one-third of revenues depend on government bonds, and the financial situation remains severe.
In addition, the supplementary budget for the current fiscal year and the first year of the Reiwa, which will be submitted together, will have an additional expenditure of ¥ 4,472.22 billion in the general account, and include the expenses necessary to implement new economic measures. .
The government has a policy of early completion of budget proposals to prevent the economy from declining due to the slowdown in overseas economies and the increase in the consumption tax rate.