Ministry of Finance Subsidy expenditure for embankment maintenance, etc.
“Financial system council” is held to discuss national financial issues, and the Ministry of Finance needs to consider how to use land to reduce disaster risks such as river flooding. The idea that certain rules should be established when spending subsidies.
At the council on the 17th, the Ministry of Finance pointed out that urban development in disaster hazard areas and landslide disaster warning areas could increase the risk of river flooding, etc., for successive natural disasters.
On top of that, he expressed the idea that if the country gives subsidies for the development of embankments or dams, the use of land in areas at risk of disaster should be regulated.
In the field of agriculture, forestry and fisheries, discussions were also held on the ways in which measures should be taken to strengthen agricultural competitiveness in response to the signing of a new trade agreement by the Japanese and US governments that included reductions in tariffs on agricultural products. I was broken.
In this regard, the Ministry of Finance stated that domestic measures exceeding 6 trillion yen, which were set out in accordance with the 1993 Uruguay Round agreement, did not lead to strengthening the competitiveness of agriculture. I pointed out that it should be limited to those that lead to strengthening.
Based on these discussions, the Ministry of Finance will proceed with discussions with ministries and agencies for future budget planning.