Covid In Focus As Japan Drafts Budget


COVID in focus as Japan drafts budget

Japan's government is drafting its budget for the next financial year. Fighting COVID-19 is at the heart of its plans. It also wants to shift to a greener and more digital society.

Monitoring risks will be a key focus in the budget, as the pandemic casts its shadow over the economy.

The government says it wants to strike a balance between anti-infection steps and social and economic activity.

It's pushing to ramp up digitalization to stoke national growth, while working on becoming a carbon-free country.

The government says it wants a virtuous cycle where both productivity and wages continue rising.

It will finish the draft budget later this month. The next fiscal year starts in April.