New economic measures Additional expenditures for supplementary budgets exceed 31 trillion yen in the general account

The full picture of this year's supplementary budget, which the government will formulate to support new economic measures, has been revealed.

While additional expenditures amount to 31.562.7 trillion yen in the general account, the financial resources will be covered by the issuance of government bonds of 22.58 trillion yen.

Last week, the government decided on new economic measures to support living and businesses affected by the new coronavirus and to revitalize the economy.

The full details of this year's supplementary budget to support this have been clarified, and additional expenditures amount to 31.562.7 trillion yen in the general account.

Looking at the breakdown, along the four pillars of economic measures

▽ "Preventing the spread of infection of the new corona" is over

18.6

trillion yen

▽ "Resuming socio-economic activities and preparing for the next crisis" 1.76 trillion

Over

Yen

▽ Over

¥

8.25 trillion for "Starting a new capitalism" ▽ Over

JPY

2.93 trillion for

"Ensuring safety and security such as disaster prevention and mitigation"

.

The total amount of the supplementary budget, which includes additional expenditures and local allocation tax grants, is set at 35,989.5 billion yen, which is the final adjustment.

With regard to financial resources, the company plans to allocate 6,432 billion yen in tax revenue, which exceeds the initial forecast, and 6,147.9 billion yen in surplus from last year, while issuing 22.58 trillion yen in government bonds, which is new this year. The amount of government bond issuance is expected to grow to over 65 trillion yen.