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Lower House approves record ¥107 6 trillion budget for fiscal 2022

Lower house OKs record ¥107 6 tril budget for FY2022

Japan's lower house approved Tuesday a record 107.60 trillion yen ($938 billion) draft budget for fiscal 2022 swollen by growing social security and national defense costs, setting the stage for its enactment before the year starts on April 1. It is the second-fastest passage of an initial budget by the…

Which way he goes, Kishida risks backlash on Sado gold mine | The Asahi Shimbun: Breaking News, Japan News and Analysis

The government is caught between a rock and a hard place in deciding if or when to forge ahead with plans to seek UNESCO World Heritage listing for ancient gold and silver mines on the island of Sado in Niigata Prefecture.

Japanese Cabinet Approves $47B Defense Budget

Japan’s Cabinet approved a record 5.4 trillion yen (U.S. $47 billion) for its defense budget for fiscal year 2022, marking a record high for eight consecutive years, amidst Japanese concern about its capabilities to meet the threats posed by China, North Korea and Russia. The budget covers a wide field ranging from procurement, upgrades, capability […]

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