InsideJapan News Network
Tuesday,
26th
January
2010
In Events In Japan,
In Events In Japan,
Japanese House of Representatives pass extra budget
The Japanese House of Representatives has passed additions to the country's budget, with an extra 7.2 trillion yen now added to the money pot.
After being passed by the lower house, the extra money bill will have to go through the House of Councilors, which represents the upper house of the parliament.
The extra cash is aimed at helping stimulate the ailing Japanese economy, which is still suffering from the impact of the economic downturn and linked deflation and reduced demand.
Prime minister Hatoyama is hopeful that the new bill will be passed by the upper house, where his Democratic Party of Japan coalition has a majority holding.
As well as more money, the new Budget additions include measures to help small firms secure much needed loans, as well as incentives aimed at making the public buy more eco-friendly products, a market with many firms in Japan are making moves into.
Written by Mark Smith.
Related news stories:
DPJ rejects Bank of Japan's new head (12th March 2008)
Koike: Japan's first female PM? (3rd September 2008)
Pelosi plans Japan visit (26th August 2008)
Japanese workers take just 8 days off a year (3rd September 2008)
After being passed by the lower house, the extra money bill will have to go through the House of Councilors, which represents the upper house of the parliament.
The extra cash is aimed at helping stimulate the ailing Japanese economy, which is still suffering from the impact of the economic downturn and linked deflation and reduced demand.
Prime minister Hatoyama is hopeful that the new bill will be passed by the upper house, where his Democratic Party of Japan coalition has a majority holding.
As well as more money, the new Budget additions include measures to help small firms secure much needed loans, as well as incentives aimed at making the public buy more eco-friendly products, a market with many firms in Japan are making moves into.
Written by Mark Smith.
Related news stories:
DPJ rejects Bank of Japan's new head (12th March 2008)
Koike: Japan's first female PM? (3rd September 2008)
Pelosi plans Japan visit (26th August 2008)
Japanese workers take just 8 days off a year (3rd September 2008)
Latest Headlines
-
Click on a region above to expand
Order a
InsideJapan meets Masterchef at Destinations -
27/01/2012
Show Time for IJT – Get your FREE tickets here! - 01/12/2011
Matsuri madness in London - 12/09/2011
Show all stories >>
Show Time for IJT – Get your FREE tickets here! - 01/12/2011
Matsuri madness in London - 12/09/2011
Show all stories >>
-2010.jpg "The Guardian, The Observer - Travel Awards 2010 Winner - Best tour operator (small)")
.jpg "Inside Japan Tours - Silver at the British Travel Awards 2009")
