Deputy Prime Minister Aso Next year's budget plan Aiming for both economic revitalization and fiscal consolidation September 29, 13:14
Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting that he "wants to make a high-quality budget" regarding the budget request for the next fiscal year, which is due on the 30th, and was hit by the new corona virus. He expressed his intention to achieve both economic revitalization and fiscal consolidation.
The Ministry of Finance has stated that the budget request for the next fiscal year will be about 100 trillion yen, which is the same as the initial budget for this year, and that the budget necessary for dealing with the new coronavirus will be approved separately. Is proceeding with the compilation.
Regarding this, Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting, "We will start budgeting from next month, but we would like to make a high-quality budget even if the outlook is uncertain with the new corona virus." He emphasized the idea of aiming for both revitalization and fiscal consolidation.
On the other hand, regarding the fact that it will be one year since the consumption tax hike on October 1, "I do not think that the impact of the consumption tax on the economy will be positive, but we will deal with the biggest problem in the medium to long term of declining birthrate and aging population. For this reason, we have proceeded in line with the idea that the consumption tax will be borne by all generations. We are working on measures for waiting-list children, and I think this is a positive factor for young people. " He expressed the idea that the increase in the tax rate has increased support for the child-rearing generation.