Secretary-general of the Liberal Democratic Party Seko House of Councilors The third supplementary budget will secure a scale of 30-40 trillion yen on November 17, 15:19
Regarding the third supplementary budget for this year, the secretary general of the Liberal Democratic Party, Hiroshige Seko, said that large-scale fiscal spending is necessary to support the economy, based on GDP = the level of gross domestic product, etc., from 30 trillion yen. He acknowledged that the scale of 40 trillion yen should be secured.
The Liberal Democratic Party's secretary general, Hiroshige Seko, said at a press conference on the 17th that the preliminary GDP figures from July to September, which were announced on the 16th, "recovered from April to June. It is natural, and we have not yet returned to the situation before the spread of the new coronavirus. It is a decrease of more than 30 trillion yen compared to the same period last year. "
On top of that, regarding the third supplementary budget for this year, "It requires a considerable sense of scale and impact, and if it happens, corporate bankruptcy and unemployment rate may rise. 30 trillion yen is the bottom line, 30 trillion yen. It costs about 40 trillion yen. There is a lot of work to be done, such as strengthening the land. "