Tokyo, May 7 (Jiji Press)–Japan’s ruling Liberal Democratic Party will begin deliberations next week on a second supplementary budget to deal with the fallout from the coronavirus outbreak, party policy chief Fumio Kishida said Thursday.
The LDP plans to submit its requests about the fiscal 2020 second extra budget to the government as early as mid-May to enact it during the ongoing parliamentary session set to end next month.
At a meeting of his Policy Research Council, Kishida said that a new phase has started as the government’s coronavirus state of emergency was extended.
“The first supplementary budget has been enacted, but we need to think about next steps,” he said.
At a separate LDP meeting, some participants called for about 100 trillion yen in fiscal spending under a new extra budget.