Japan finance minister calls for permanent funding sources for defense budget

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

TOKYO : Japan must secure permanent financing sources to increase defense spending by reviewing revenue and expenditure, and further reform spending in coming years, Finance Minister Shunichi Suzuki said on Tuesday.'If there's a shortage of financing sources, we will need to consider multiple ways includi

TOKYO : Japan must secure permanent financing sources to increase defense spending by reviewing revenue and expenditure, and further reform spending in coming years, Finance Minister Shunichi Suzuki said on Tuesday.

"If there's a shortage of financing sources, we will need to consider multiple ways including taxation following deliberations at an expert panel and ruling bloc," Suzuki told reporters. Suzuki was speaking shortly before an expert panel for Japan's defense buildup is set to submit its proposals to Prime Minister Fumio Kishida.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan finance minister urges swift adoption of more spending measuresTOKYO : Japanese Finance Minister Shunichi Suzuki vowed on Monday to guide economic and fiscal policy in a 'responsible' manner, as he urged lawmakers to enact a second extra budget with spending of $207 billion, backed mostly by new debt issuance.Prime Minister Fumio Kishida's cabinet has compiled the sp
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Expanding Singapore’s climate finance contributions to be negotiated: Grace FuClimate finance refers to funds that go towards steps to cut greenhouse gas emissions, among other things. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »