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POLITICS > Political Parties

Political subsidy outlays amounted to 23.1 billion yen in 2018

  • September 28, 2019
  • , Yomiuri , p. 4
  • JMH Translation

On Sept. 27, the Ministry of Internal Affairs and Communications released a report on the political parties’ use of their 2018 state subsidies. Total outlays for the 10 political parties dropped 31.7% on the year to 23.12 billion yen. The outstanding balance at the end of 2018, which is equivalent to savings, jumped by 8.567 billion yen, or 44.7% on the year, to  27.754 billion yen, a record high since the creation of political subsidies in 1995.

 

The outstanding balance is thought to have increased mainly because there were no national-scale national elections in 2018 and the political parties set aside money in preparation for the unified local elections and the Upper House race in 2019. Unified local elections and the Upper House race coincide in the “Year of the Boar,” once in every 12 years.

 

Of the 10 parties, the Liberal Democratic Party set aside the largest amount of funds at 18.034 billion yen (a year-on-year increase of 5.239 billion yen), followed by the Democratic Party for the People at 4.269 billion yen (a year-on-year increase of 1.696 billion yen).

 

Of total outlays, funds spent on political activities accounted for 8.986 billion yen, down by 8.841 billion yen (49.6%) year on year. Of that amount, election-related expenses fell 91.5% on the year to 808 million yen.

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