At a meeting of the LDP's executive committee, Prime Minister Kishida reiterated his intention to compile economic measures by the end of this month, and then promptly compile a supplementary budget to support it and submit it to the extraordinary session of the Diet.
At the Board of Directors meeting, Prime Minister Kishida stated that the new economic measures in response to rising prices would "appropriately return the fruits of economic growth and make a historic transition from the cost-cutting economy that has been in place for many years," and called on the LDP to consider and make proposals.
On that basis, after compiling economic measures by the end of this month, we will promptly compile a supplementary budget for this fiscal year that will be backed up, and reiterate our intention to submit it to the extraordinary session of the Diet, which is expected to be convened on the 20th of this month.
In addition, Political Research Chairman Hagiuda pointed out that the "invoice system" to accurately grasp the amount of consumption tax paid was launched on January 1, saying, "There are voices of anxiety that some businesses and freelancers will treat them unfairly." He expressed his intention to work with the government to improve the trading environment and support digitalization.