Key Japanese Lawmaker Says Third Extra Budget May Not Be Last
- Covid fight may require more spending, LDP’s Suzuki says
- Openness to yet another budget shows policy makers are worried
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A key ruling party lawmaker said an extra budget being drafted now may not be the end of Japan’s stimulus spending this fiscal year given the uncertainty surrounding the spread of the coronavirus.
“There are a lot of possibilities,” said Keisuke Suzuki, who heads the Liberal Democratic Party’s fiscal and financial policy unit, in an interview. A third extra budget is being pulled together now, “but a fourth extra budget isn’t out of the question if the situation changes.”