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Tag - budgets

 
 

BUDGETS

A Taiwanese soldier stands guard as mechanics replace the engine of a CM-34 Clouded Leopard armored vehicle, during a battlefield repair drill, as part of the annual Han Kuang military exercises, in New Taipei City on Saturday.
ASIA PACIFIC
Aug 9, 2026
Taiwan¡¯s 2027 defense spending to rise 16%, official media reports
Taiwan¡¯s Cabinet will propose a budget for 2027 that will for the first time exceed 1 trillion new Taiwan dollars ($31 billion).
A passerby walks with a sunshade beside debris from a major earthquake that struck Kumamoto Prefecture last week, in the town of Hikawa on Tuesday.¡¡
JAPAN
Aug 4, 2026
One week on, disaster response in Kumamoto shifts to helping survivors
Uneven conditions at evacuation centers, where summer heat is compounding shortages of water and other essentials, are raising fears of heatstroke and blood clots among survivors.
Ground Self-Defense Force soldiers walk in front of a Type 88 surface-to-ship missile launcher, during the Balikatan annual joint military exercises at Culili Point Sand Dunes, in Paoay, Philippines, on May 6.
JAPAN / Politics / FOCUS
Aug 4, 2026
Japan defense report says China challenge must be met with ¡®overall national strength¡¯
Tokyo¡¯s annual defense white paper says that cooperation with allies and like-minded nations is crucial to Âé¶¹´«Ã½ own security.
Relief supplies gathered at a gymnasium being used as an evacuation shelter following the July 28 earthquake in the city of Yatsushiro, Kumamoto Prefecture, on July 31
BUSINESS
Aug 2, 2026
Extra budget may be compiled for Kumamoto quake
The focus is on the decision of the prime minister, who prioritizes the regular budget and calls for an end to the government¡¯s reliance on supplementary budgets.
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.
JAPAN / Politics
Jul 21, 2026
Japan reveals hint of new defense spending target in fiscal blueprint
The annual economic policy guidelines referenced goals announced by NATO and two U.S. allies and pledged to ¡°transform the country¡¯s defense capabilities within five years.¡±
Record growth in tax revenues reflects higher wages and corporate earnings, as well as a rise in the value of consumption amid inflation.
JAPAN
Jul 4, 2026
Japan tax revenues hit record ?84 trillion in fiscal 2025
The growth reflected higher wages and corporate earnings, as well as a rise in the value of consumption amid inflation.
Draft guidelines list expressways and some shinkansen lines as key areas of focus for infrastructure development.
JAPAN
Jun 29, 2026
Japan to stop focusing on public works cost effectiveness
The government will shift its focus to an overall assessment that places an emphasis on basic functions to protect lives and livelihoods, under annual guidelines due next month.
Prime Minister Sanae Takaichi speaks during a meeting on economic policy at the Prime Minister's Office in Tokyo on Thursday.
JAPAN / Politics
Jun 27, 2026
Japan government to avoid deficit-covering bonds for food tax cut
The move to avoid the issuance of deficit-covering bonds follows a policy that Prime Minister Sanae Takaichi has consistently emphasized.
A female technician maintaining and inspecting machinery
JAPAN / Politics
Jun 26, 2026
Takaichi¡¯s blueprint of women¡¯s policies focuses on menopause, education and housekeepers
Support for women¡¯s health in different stages of life forms one of the main pillars of the government plan.
Prime Minister Sanae Takaichi speaks during a news conference in Tokyo in April
JAPAN / Politics
Jun 25, 2026
Japan unveils multiyear framework as part of budget reform
The mechanism is expected to start next fiscal year and will be used to fund measures including investments in economic security and crisis preparedness.
Prime Minister Sanae Takaichi aims to put her stamp on Âé¶¹´«Ã½ growth strategy as technological change and geopolitical tensions reshape economic priorities.
BUSINESS / Economy
Jun 24, 2026
Japan unveils $2.3 trillion investment plan for next 14 years
The roadmap marks a key step in Takaichi¡¯s effort to put her stamp on Âé¶¹´«Ã½ growth strategy as technological change and geopolitical tensions reshape economic priorities.
Finance Minister Satsuki Katayama says Japan is currently undergoing the greatest budgetary reform process since the end of World War II.
BUSINESS / Economy
Jun 9, 2026
Katayama says Japan undergoing biggest budget reform since 1945
The government plans to incorporate as much spending for one year as possible into the initial budget rather than rely on additional funding via supplementary packages.
Prime Minister Sanae Takaichi speaks at a Lower House plenary session in Tokyo on Wednesday. Takaichi has described the supplementary budget as being designed to ¡°minimize risks¡± from the increasingly uncertain situation in the Middle East.
JAPAN / Politics
Jun 4, 2026
Lower House passes ?3.11 trillion extra budget to ease Mideast war impacts
The budget will create a new reserve fund to respond to developments in the conflict while aiding impacted energy users and replenishing the existing reserve fund.
Prime Minister Sanae Takaichi¡¯s Cabinet has endorsed a ?3.1 trillion extra budget to fund measures meant to cushion households from inflation tied to Middle East turbulence.
BUSINESS
Jun 3, 2026
Japan unveils ?3.1 trillion extra budget to cushion Mideast impact
While the government has yet to specify the usage of that fund, it is expected to be used initially to cap costs for gasoline.
Russian President Vladimir Putin speaks during a ceremony at the Kremlin in Moscow on Monday.
WORLD / Politics
Jun 2, 2026
Russia finance officials tell Putin war spending is unaffordable
Finance Ministry officials have grown increasingly concerned about the state of Russia¡¯s economy and state budget in recent months.
U.S. Secretary of Defense Pete Hegseth speaks with Defense Minister Shinjiro Koizumi as they arrive for a ministerial roundtable during the Shangri-La Dialogue security summit in Singapore on Saturday.
JAPAN
May 30, 2026
U.S. and Japan defense chiefs agree to accelerate missile coproduction
A key focus of the meeting was a Japanese proposal known as ¡°Operation Supercharge,¡± designed to accelerate joint development and mass production of advanced missile systems.
Kazuhiko Shigetoku, Lower House parliamentary affairs chief of the Centrist Reform Alliance (center, left), and Yoshitaka Saito, Upper House parliamentary affairs chief of the Constitutional Democratic Party of Japan (center, right), meet in parliament on Thursday.
JAPAN / Politics
May 30, 2026
Japan ruling and opposition parties at odds over extra budget
The budget committees of both the upper and lower chambers will each spend one day deliberating the extra budget for the fiscal year that started in April.
U.S. Secretary of Defense Pete Hegseth speaks at the Shangri-La Dialogue security summit in Singapore on Saturday.
JAPAN
May 30, 2026
Hegseth says U.S. has ¡®high expectations¡® for Japan on defense spending
U.S. Defense Secretary Pete Hegseth has delivered a veiled warning to Tokyo, saying that while Japan was ¡°headed in the right direction,¡± more must be done.
Finance Minister Satsuki Katayama
BUSINESS
May 27, 2026
Government to submit draft extra budget for fiscal 2026 on June 3
Totaling over ?3 trillion, the draft extra budget is aimed at increasing reserve funds in light of Middle East tensions.
Prime Minister Sanae Takaichi in parliament on May 20
BUSINESS
May 25, 2026
Takaichi unveils $19 billion extra budget while vowing no extra borrowing
The supplementary ?budget marks a reversal from Takaichi¡¯s previous remarks ruling out ?the need for extra spending.

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Disaster relief workers Taichi Kato (left) and Seiji Yoshimura enter the collapsed living quarters at Kyuganji temple in Yatsushiro, Kumamoto Prefecture.
What Kumamoto revealed about Âé¶¹´«Ã½ earthquake readiness

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