Japan PM Ishiba vows to compile extra budget after election

October 9, 2024 1:09 AM EDT

Japan's new Prime Minister Shigeru Ishiba speaks during a press conference at the prime minister's office in Tokyo, Japan October 1, 2024. YUICHI YAMAZAKI/Pool via REUTERS/File Photo

TOKYO (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Wednesday the government will aim to compile a supplementary budget after the lower house election expected to be held later this month.

Ishiba made the comment in a debate with opposition party leaders. He is slated to dissolve parliament later on Wednesday and call a snap election on Oct. 27.

The supplementary budget is likely to be spent on disaster relief for areas hit by a big earthquake in January, and for measures to cushion the blow to households from rising living costs.

(Reporting by Leika Kihara; Editing by Shri Navaratnam)



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