August 25, 2017 / 2:36 AM / in a year

Japan Economy Minister Motegi: No plan to compile supplementary budget now

TOKYO (Reuters) - Japanese Economy Minister Toshimitsu Motegi said on Friday the government has no plan now to submit a supplementary budget to an extraordinary parliament session set to convene this autumn.

Japan's Economy Minister Toshimitsu Motegi speaks at a news conference in Tokyo, Japan August 3, 2017. REUTERS/Kim Kyung-Hoon

“The economy is enjoying a domestic demand-driven recovery,” Motegi told a news conference after a regular cabinet meeting.

“It’s true there are differences in the degree of recovery in regional economies, so we’ll continue to conduct policy looking carefully at economic developments. But under current economic circumstances, I don’t expect the government to submit a supplementary budget at this autumn’s extraordinary parliament session,” he said.

Reporting by Leika Kihara

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