Japan to focus on cutting social security spending over next 3 years
Jiji -- Apr 13
The Japanese government will focus on cutting social security spending with specific targets over the next three years or so, bracing for an accelerating rise in social security costs in and after fiscal 2022, when baby boomers begin to reach 75 years old, officials said Thursday.

The decision was made at a meeting of the Council on Economic and Fiscal Policy, chaired by Prime Minister Shinzo Abe, on the day. "We need to fully consider spending levels and other issues," Abe told the meeting.

Measures to reduce social security spending under the initiative are expected to be included in a fiscal consolidation plan that the government is slated to adopt in June.

Annual growth in social security spending is estimated to accelerate from some 650 billion yen in fiscal 2016 to 2018 to 900 billion yen in and after fiscal 2022, according to the Cabinet Office.

During the council's meeting, private-sector members proposed promoting measures to prevent illness and making medical and nursing care services more efficient by utilizing artificial intelligence technology.

News source: Jiji
Jul 21
Severe tropical storm Ampil is moving toward Japan's southwestern island of Okinawa, bringing strong winds and high waves. (NHK)
Jul 21
Japan's health ministry says the average life expectancies for men and women hit record highs in 2017. (NHK)
Jul 21
The proportion of women with children who said they were employed stood at a record high of 70.8 pct in 2017, exceeding 70 pct for the first time, a survey by the labor ministry showed Friday. (Jiji)
Jul 21
Severe heat continues across much of Japan. (NHK)
Jul 21
The life and times of Japan's first golfer: Amsterdam 1605 (thesamuraigolfer.com)
Jul 21
As people in Japan treated themselves to grilled eels on eel-eating day Friday, many were faced with a larger bill amid soaring prices for the endangered fish. (Japan Today)
Jul 21
The government is set to begin in earnest preparations for the launch of Japan's first legal casino as early as the mid-2020s, after a casino introduction bill was enacted Friday. (Jiji)
Jul 21
Japan's Diet enacted a bill into law on integrated resorts, which include casinos, despite persistent objections from opposition parties. (NHK)
Jul 21
When 8-year-old Eiki Shimabukuro left Japan in 1959 with his parents and five siblings for the two-month sea voyage to Brazil, passengers were given ribbons linking them to those who stayed behind. (Japan Times)
Jul 21
Police in Kyotanabe, Kyoto Prefecture, have arrested an unemployed 38-year-old man on suspicion of attempted murder after he stabbed a 19-year-old girl who lives in the same apartment building, because she was making too much noise. (Japan Today)