Third supplementary budget “not in the examination stage” Deputy Prime Minister Aso New Corona June 12 15:03
Deputy Prime Minister Aso and Minister of Finance were asked by the Finance and Finance Committee of the House of Councilors whether or not they are considering the formulation of a third supplementary budget in preparation for the further impact of the new coronavirus. I made a decision, but I thought that it is not at the stage of consideration now.
Mr. Aso, Deputy Prime Minister and Minister of Finance, said of the current state of the Japanese economy, "It is clear that the situation is extremely severe, but I feel that it has bottomed out."
Then, when asked if they were considering the formation of a third supplementary budget in preparation for the further impact of the spread of infection, he said, "We will judge based on the results of the measures in the second supplementary budget, The third supplementary budget is not in the stage of what to do."
Regarding the new issue of JGBs this year, which reached a record high of ¥92.0 trillion, Deputy Prime Minister Aso said, “The interest rate on JGBs has been kept at a very low interest rate because of high market confidence. , I cannot take responsibility for the future unless I secure fiscal sustainability." He acknowledged that it is important to secure fiscal sustainability as financial management becomes more difficult.