"Be prepared for the fear of the next epidemic" Deputy Prime Minister Aso's financial address June 8 15:54
Deputy Prime Minister Aso and Finance Minister addressed the spread of the new coronavirus infection by saying, "We must be fully prepared for the fear of the next epidemic" by giving a financial speech at a plenary session in the House of Representatives on August 8. We called for the immediate establishment of the second supplementary budget proposal for this year.
In this, Deputy Prime Minister Aso and Minister of Finance said, "We will continue to work to prevent the spread of infection and raise the level of socio-economic activity, but it will take some time before we can restore our daily lives. Is expected."
On top of that, the second supplementary budget plan was added, stating that "it is necessary to firmly support the people and businesses in difficult situations, protect employment, businesses and lives, and prepare for the fear of the next epidemic." Explained that it included the creation of rent support benefits and the expansion of employment adjustment subsidies.
In addition, regarding the contingency of 10 trillion yen, "If the second wave and the third wave come in and the situation becomes seriously serious, a budget of at least about 5 trillion yen will be necessary", as
the breakdown,
▽1 trillion yen for maintaining employment and life,
▽2 trillion yen for business continuity,
▽about 2 trillion yen for strengthening medical care provision system.
In addition, Deputy Prime Minister Aso requested that the second supplementary budget proposal be promptly established, saying that it will report to the Diet in a timely and appropriate manner when using the contingency including the remaining 5 trillion yen.