{
  "id": 12526972,
  "title": "Japan considering another extra budget for disaster relief, Yomiuri reports",
  "url": "https://urgent.news/2026/10/07/japan-considering-another-extra-budget-for-disaster-relief-yomiuri",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T02:20:00.000Z",
  "source": {
    "name": "Japan Times",
    "slug": "japan-times",
    "url": "https://www.japantimes.co.jp/news/2026/10/07/japan/japan-extra-disaster-budget/"
  },
  "original_language": "en",
  "account": "Japan is contemplating the creation of an additional budget specifically for disaster relief in the wake of calamities like earthquakes and heavy rainfall, according to a report by the Yomiuri Shimbun on Wednesday. This second extra budget of the fiscal year is anticipated to be modest in size and will not be utilized to spur economic growth, as indicated by the newspaper, which cited anonymous sources. The government plans to initiate the drafting process for this supplementary budget in November, with the intention of presenting it during the inaugural parliamentary session of the new year, the report further disclosed. The office of Prime Minister Sanae Takaichi has not yet provided a statement on the matter. Takaichi has previously expressed a desire to discontinue Japan's tradition of authorizing extensive supplementary budgets and to streamline essential spending within the annual budget framework. However, the administration appears open to contemplating the issuance of a smaller secondary supplementary budget, primarily designated for disaster recovery initiatives such as rebuilding efforts in regions affected by earthquakes and torrential rain. This decision comes in the aftermath of an extra budget of approximately ¥3 trillion ($19 billion) that was authorized in June to subsidize gasoline prices, with the aim of alleviating the financial strain on households amid the escalating cost of living, which has been exacerbated by the geopolitical tensions in the Middle East.",
  "summary": "The government aims to pass the extra budget through the ordinary parliament session that begins early next year, the paper reported.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}