HomeEconomyJapan gov't eyes new budget account to focus on child care spending... Economy Japan gov't eyes new budget account to focus on child care spending – media By inew May 22, 2023 0 26 views Share FacebookTwitterPinterestWhatsApp JP 11 +0.% Add/Remove from Watchlist Join the watch list Add location Location successfully added to: Please name your portfolio type: purchase Sell date: quantity: price point value: Leverage: 1:11:1: 1: 1: TOKYO (Reuters) – Japan’s government may set up a new budget account to manage issues related to child care. Expenditure related to fund reform, Nikkei Business Daily reported on Monday. Prime Minister Fumio Kishida pledged to double childcare spending to reverse Japan’s declining birthrate, make it easier for married couples to work and put husbands on parental leave, This way they can share more of the household chores fairly. The new account will be created by partially merging the two existing accounts of the Ministry of Welfare and the Nursing Family Agency, which will be run by the latter and endowed with Greater ad hoc spending flexibility. The new account will be on top of the existing one Japan has a special budget. However, the government is struggling to secure a permanent source of funding for planned child care spending, which some lawmakers estimate will cost 8 trillion yen to be done, given another new spending plan to double defense spending over the next three years. In parallel, the government has committed to Achieve a primary budget surplus excluding new bond sales and debt service costs by the fiscal year 52. Multiple rounds of massive fiscal stimulus over the past few years in response to the COVID outbreak Getting results Japan has the highest public debt 25% of annual economic output, by far the heaviest in the industrialized world. 225 Share FacebookTwitterPinterestWhatsApp Previous articleJeremy Strong on 'Succession' Funeral and Kendall 'Going the extra mile' heading into series finaleNext articleFrom Elegant Espadrilles to Festive Fisherman Sandals, 10 Chic Ways to Make Summer's Standout Shoes inewhttps://inew.news RELATED ARTICLES Economy Fed to skip rate hike in June, jump into prolonged pause before cutting: Morgan Stanley June 3, 2023 Economy U.S. Treasury officials meet new Chinese ambassador in Washington June 3, 2023 Economy U.S. debt ceiling bill could be signed as soon as Saturday June 3, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Quant Hype Spikes As Price Surges 15% – Is This A Top Signal? June 3, 2023 XRP Climbs 12% As Crypto Celebrates 11-Year Milestone June 3, 2023 Mashle: Magic and Muscle ‒ Episode 8 June 3, 2023 Fed to skip rate hike in June, jump into prolonged pause before cutting: Morgan Stanley June 3, 2023 Load more Featured NEWS MSI Showcases World's First ATX 3.0 Power Supply for Next-Generation GPUs August 29, 2022 Top 100 Players of 2022, Nos. 30-21: Bosa, Diggs brothers near the top of list September 9, 2022 What to Look For in a Female June 12, 2022 Irn-bru makers warn of profit pressure as inflation soars September 27, 2022 Load more
