Japan parliament enacts 3 tril. yen extra budget to ease energy cost impact

TOKYO - The Japanese parliament on Friday enacted a 3.11 trillion yen ($19 billion) supplementary budget for this fiscal year to ease the impact of rising energy costs, with the bill for extra spending clearing both of its chambers in just two days after submission.

The extra budget, usually compiled much later in each fiscal year, came two months after the initial fiscal 2026 budget was passed in April. The initial fiscal spending plan did not include measures to tackle the impact of the Middle East conflict, stirring calls in both ruling and opposition parties to craft an extra budget.