On the 19th, the government will decide on new economic measures centered on support measures for living and businesses affected by the new corona.
The total amount of fiscal expenditure is expected to be 55 trillion yen, which is the largest ever, including the provision of 100,000 yen per person for those under the age of 18.
The government will hold an extraordinary cabinet meeting on the evening of the 19th to decide on new economic measures centered on support measures for living and businesses that are in a difficult situation due to the effects of the new coronavirus.
This includes benefits of 100,000 yen per person for those under the age of 18.
Income restrictions have been set for benefits, and households with an annual income of 9.6 million yen or more are excluded from the target under certain conditions.
It also includes payments up to 2.5 million yen to businesses whose sales have dropped significantly, and measures to curb the sharp rise in retail prices of gasoline and other products in light of high crude oil prices.
The scale of fiscal expenditure is expected to be the largest ever, with national and local expenditures of about 49.7 trillion yen and total expenditures including FILP of about 55.7 trillion yen.
Furthermore, the “business scale” including private funds is expected to be about 78.9 trillion yen.
The government has a policy of promptly enacting a supplementary budget to support economic measures at the extraordinary Diet session to be convened next month, and can it achieve results toward the realization of autonomous growth while supporting the Japanese economy? Will be asked.