Suga orders third supplementary budget
NHK -- Nov 11
Japan's prime minister has instructed his cabinet to compile a third supplementary budget draft for fiscal 2020

Suga Yoshihide is calling for efforts to maintain an economic recovery while preventing the spread of the coronavirus.

Suga told a cabinet meeting on Tuesday that the budget should cover additional economic measures based on three major pillars.

The first is to prevent a further spread of coronavirus infections. The second is to achieve a virtuous cycle by shifting the economic structure towards digital reforms and a greener society. And the third is to make Japan stronger against disasters.

Japan's finance minister Aso Taro says the government needs to ensure that a recovery is led by private demand since the latest data shows that demand is picking up not only for automobiles but in many other industries as well. Aso did not mention the expected scale of the budget.

菅総理大臣は新型コロナウイルスの影響に対する追加の経済対策として、第3次補正予算案の編成を指示しました。  10日の閣議で菅総理は、第3次補正予算案の編成を閣僚に指示しました。追加の経済対策として休業手当を国が補う雇用調整助成金の特例措置やGoToトラベルの期限延長などが検討されます。  麻生財務大臣:「民需主導の成長軌道に戻していくため、新たな経済対策を策定するよう指示あった」  予算の規模については、10兆円を超える見通しです。
News sources: NHK, ANNnewsCH
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