The ruling Liberal Democratic Party of Japan plans to include a cash payment of several tens of thousands of yen (approximately several hundred thousand won) per person in the campaign promises for the House of Councilors election to be held in July.
According to multiple officials from the Liberal Democratic Party and the government, as reported by Yomiuri and Mainichi Shimbun on the 10th, they are planning to determine the specific cash payment amount to be distributed to the entire population. The party aims to use the increase in tax revenue from last year as funding for these payments.
Earlier, the Liberal Democratic Party considered a cash payment of about 30,000 to 50,000 yen per person in response to tariffs imposed by the United States and high inflation measures in April. However, they held off on this after judging that it would be difficult to gain cooperation from the opposition regarding the passage of a budget plan worth several trillion yen needed for this.
However, as dissatisfaction grew within the Liberal Democratic Party over the lack of a 'core promise' to promote before the House of Councilors election, an analysis has emerged that led to a review of cash payment pledges.
The coalition partner Gong Myoung included a 'living support fund' in the promises announced on the 6th, which is aimed at returning the increase in tax revenue to the public.