Economic news

Japan must pass extra budget in current parliament session, says ruling bloc partner leader

2022.04.19 06:36

Japan must pass extra budget in current parliament session, says ruling bloc partner leader
FILE PHOTO: Komeito Party leader Natsuo Yamaguchi attends a debate session with other party leaders ahead of July 21 upper house election at the Japan National Press Club in Tokyo, Japan July 3, 2019. REUTERS/Issei Kato

TOKYO (Reuters) – Japan’s parliament must pass a fresh extra budget before its current session ends in mid-June, the head of a junior ruling coalition partner said on Tuesday, repeating his earlier remarks amid government officials’ reluctance to such a move.

Komeito leader Natsuo Yamaguchi told reporters the government must compile, and the legislature must pass, an extra budget before the session ends in order to prepare for unexpected expenses.

Yamaguchi’s calls have contrasted with the stance of senior officials of the majority ruling partner Liberal Democratic Party and the government that Tokyo should roll out relief measures to cushion the rising cost of living by tapping 5.5 trillion yen ($43.05 billion) reserves set aside under the fiscal 2022 budget.

($1 = 127.7500 yen)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 95,360.55 3.03%
ethereum
Ethereum (ETH) $ 3,347.14 3.92%
tether
Tether (USDT) $ 0.998442 0.14%
xrp
XRP (XRP) $ 2.16 5.32%
bnb
BNB (BNB) $ 684.20 3.40%
solana
Solana (SOL) $ 188.37 4.09%
dogecoin
Dogecoin (DOGE) $ 0.315063 5.09%
usd-coin
USDC (USDC) $ 0.999771 0.08%
staked-ether
Lido Staked Ether (STETH) $ 3,345.83 3.91%
cardano
Cardano (ADA) $ 0.866288 5.30%
tron
TRON (TRX) $ 0.251087 2.17%
avalanche-2
Avalanche (AVAX) $ 37.63 8.03%
the-open-network
Toncoin (TON) $ 5.70 4.50%
chainlink
Chainlink (LINK) $ 22.89 7.06%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,977.61 3.86%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 6.17%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,428.57 2.69%
sui
Sui (SUI) $ 4.24 5.88%
hedera-hashgraph
Hedera (HBAR) $ 0.289331 7.82%
stellar
Stellar (XLM) $ 0.357825 7.11%
polkadot
Polkadot (DOT) $ 6.99 6.34%
bitget-token
Bitget Token (BGB) $ 7.31 29.58%
weth
WETH (WETH) $ 3,345.56 3.96%
bitcoin-cash
Bitcoin Cash (BCH) $ 438.10 6.03%
leo-token
LEO Token (LEO) $ 9.19 3.69%
hyperliquid
Hyperliquid (HYPE) $ 24.87 9.91%
uniswap
Uniswap (UNI) $ 12.96 7.20%
litecoin
Litecoin (LTC) $ 102.98 5.50%
pepe
Pepe (PEPE) $ 0.000017 7.66%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,530.54 4.03%
near
NEAR Protocol (NEAR) $ 5.09 7.90%
ethena-usde
Ethena USDe (USDE) $ 0.997851 0.23%
usds
USDS (USDS) $ 0.998391 0.27%
aave
Aave (AAVE) $ 337.58 9.84%
internet-computer
Internet Computer (ICP) $ 10.44 8.26%
aptos
Aptos (APT) $ 8.88 7.77%
crypto-com-chain
Cronos (CRO) $ 0.15129 4.61%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.480865 7.23%
mantle
Mantle (MNT) $ 1.18 6.12%
ethereum-classic
Ethereum Classic (ETC) $ 25.95 6.09%
vechain
VeChain (VET) $ 0.047339 9.88%
render-token
Render (RENDER) $ 7.15 5.82%
monero
Monero (XMR) $ 192.01 2.28%
whitebit
WhiteBIT Coin (WBT) $ 24.55 1.54%
bittensor
Bittensor (TAO) $ 474.21 8.59%
dai
Dai (DAI) $ 0.999234 0.16%
mantra-dao
MANTRA (OM) $ 3.64 3.89%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.27 6.84%
arbitrum
Arbitrum (ARB) $ 0.752272 6.34%
okb
OKB (OKB) $ 51.45 9.43%