Japan PM Ishiba vows to compile extra budget after election

Lower house plenary session at the parliament, in Tokyo

Japan's Prime Minister and the leader of the ruling Liberal Democratic Party (LDP) Shigeru Ishiba walks at the parliament before a lower house plenary session in Tokyo, Japan October 9, 2024. REUTERS/Issei Kato

Source: REUTERS

Japanese Prime Minister Shigeru Ishiba said on Wednesday the government will aim to compile a supplementary budget after the lower house election expected to be held later this month.

Ishiba made the comment in a debate with opposition party leaders. He is slated to dissolve parliament later on Wednesday and call a snap election on Oct. 27.

The supplementary budget is likely to be spent on disaster relief for areas hit by a big earthquake in January, and for measures to cushion the blow to households from rising living costs.

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This article was produced by Reuters news agency. It has not been edited by Global South World.

By Reuters