Japan Govt Eyes 2nd Extra Budget for FY 2026
Tokyo, Oct. 7 (Jiji Press)--The Japanese government is considering compiling a second supplementary budget for fiscal 2026 to cover about 300 billion yen in additional personnel costs and prepare for an increase in spending on recovery efforts following recent major natural disasters, government sources said Wednesday. The government plans to submit a second supplementary budget bill during...
Government officials in Japan are contemplating the creation of a second supplementary budget for the fiscal year 2026. This additional budget would be used to address around 300 billion yen in increased personnel expenses, as well as to prepare for potential higher spending on disaster recovery efforts following recent significant natural calamities.
The government intends to introduce a second supplementary budget bill during a regular Diet session scheduled for January 2027. The fiscal 2026 preliminary budget still has approximately 700 billion yen in general reserve funds available for disaster response. If these funds prove insufficient, extra costs will be covered through a supplementary budget, according to a high-ranking government official.
Prime Minister Sanae Takaichi has expressed a preference for reducing the government's dependence on supplementary budgets. However, a spokesperson for the prime minister maintains that drafting an extra budget to accommodate the National Personnel Authority's annual suggestions does not conflict with the administration's policy, unless it involves funds intended for economic initiatives.
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