The full picture of this year's third supplementary budget, which will be decided on the 15th, has been revealed for the government to implement economic measures, including measures to prevent the spread of the new coronavirus.
On the other hand, the amount of new issuance of government bonds this year is expected to exceed 100 trillion yen for the first time, reaching a record high of 112 trillion yen.
The government will decide on the 15th this year's third supplementary budget to implement the new economic measures summarized last week.
This supplementary budget includes an additional expenditure of more than 19,176 billion yen in the general account.
The breakdown is about 4,358 billion yen for "preventing the spread of infection of the new corona", about 11,676 billion yen for "transforming the economic structure toward post-corona and realizing a virtuous cycle", and "disaster prevention and mitigation / national strength". The amount is more than 3,141 billion yen.
On the other hand, the national tax revenue for this fiscal year is expected to decrease by about 8 trillion yen from the initial forecast to 55,125 billion yen due to the deterioration of corporate performance.
For this reason, the policy is to secure financial resources by issuing additional deficit-financing bonds, and the amount of new issuance of government bonds this year is expected to reach more than 112,553 billion yen.
This is more than double the amount of 51 trillion yen in fiscal 2009, which was the highest ever, and will exceed 100 trillion yen for the first time.
The government plans to decide the budget for next week and next year as a 15-month budget, following the decision on the third supplementary budget on the 15th.