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POLITICS

LDP secures largest political subsidy in eight years in a row

  • April 2, 2020
  • , Sankei , p. 3
  • JMH Translation

On April 1, the Ministry of Internal Affairs and Communications finalized the amount of subsidy each political party will receive in 2020. The Liberal Democratic Party (LDP) will receive 17,261.36 million yen, the largest sum among all parties. Although the new subsidy to the party represents a decrease by 386.35 million from the previous year, this marks the eighth consecutive year for the LDP to receive the lion’s share. The second largest, 4,648.37 million yen, will go to the Democratic Party for the People, also decreased by 545.24 million yen from the previous year. The Constitutional Democratic Party ranks third with 4,290.20 million yen, which is a 647.99 million yen increase. 

 

This year, the subsidies for political parties total 31,773.68 million yen. Each party receives an amount of subsidy corresponding to the number of party members in the Diet as of January 1, as well as on vote counts in the most recent Lower House election and the two most recent Upper House elections. The party subsidies are distributed in four annual installments.

 

The rest of the rankings are:

Komeito:  3,029.32 million yen

Nippon Ishin no Kai (Japan Innovation Party):  1,853.10 million yen

Social Democratic Party of Japan:  362.76 million yen

The Party to Protect the People form NHK:  167.51 million yen

Reina Shinsengumi:   161.01 million yen

 

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