Japan prepares additional budget in case of emergency

Japan is considering a supplementary budget for disaster relief and rehabilitation. The Yomiuri newspaper reports.

According to the newspaper, the size of the second additional budget for this fiscal year is likely to be small. It is not intended to stimulate the economy.

The government will begin work on the budget in November. It is scheduled to be adopted at a parliamentary session early next year.

Prime Minister Sanae Takaichi has previously promised to end the practice of large additional budgets. However, the administration will consider a small second budget to help those affected by earthquakes and rains.

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