2nd supplementary budget plan Effect of boosting GDP by about 2% Government estimate: June 4, 18:47
Regarding the second supplementary budget plan that includes measures against the new coronavirus, the government has calculated that it will have an economic effect of boosting GDP by about 2%. Combined with the first supplementary budget, etc., the GDP boost of a series of economic and fiscal policies will be about 6.4%.
According to this, the economic effect of the second supplementary budget for this year is that only GDP is expected to be 2.0% in real terms, such as rent support benefits and expansion of employment adjustment subsidies. I calculated it by pushing it up.
The government has so far said that the economic measures decided in December last year will increase GDP by about 1.1% as an effect after this year, and will increase about 3.3% in the first supplementary budget for this year.
A series of economic and fiscal policies that include the second supplementary budget this time are said to have an economic effect of boosting GDP by about 6.4%.