politics

FY2018 wasteful tax spending in Japan 2nd lowest in decade

8 Comments

Japan's Board of Audit says that wasteful spending of tax money in fiscal 2018 was at its second-lowest level in a decade, with the smallest number of cases in the period.

A total of 100.23 billion yen ($917 million) in 335 cases was either wastefully spent by government agencies and state-funded bodies or could have been spent more efficiently, according to the board's annual report on the use of the state budget.

The cases include 254 violations of laws and regulations involving 5.72 billion yen in spending. By government office, the Economy, Trade and Industry Ministry was the most wasteful, followed by the Finance Ministry.

The auditing body focused on examining expenditures to deal with preparedness for natural disasters, including typhoons and earthquakes.

The board found in its survey that at disaster-prevention facilities such as floodgates and drainage pumps built using state funds, around 60 percent of electrical equipment had not undergone required seismic-resistance evaluation to prepare for the possibility of massive earthquakes.

With regard to Japan's official development assistance to developing countries, the accounting watchdog found several cases in which the financial aid had not been used effectively.

In a project in the Solomon Islands, a water supply facility newly constructed for some 2 billion yen was not used at all by local people because existing pipes to deliver its water were broken.

The independent auditing organization submitted its report to Prime Minister Shinzo Abe. In the 10 years through fiscal 2018 ending March this year, the amount of wastefully spent taxpayers' money was at its lowest in fiscal 2016 at about 87.4 billion yen.

© KYODO

©2019 GPlusMedia Inc.

8 Comments
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Was this story paid for with tax money?

9 ( +9 / -0 )

Why don’t I trust this story? The truth? The whole truth? Nothing but the truth? So help me ???

7 ( +7 / -0 )

So the pathetic "freeway" that you have to pay for between Aso sans and Abe sans electorate is not waistful? Or the usless vetenary school, mmmm think news stories are waistful when obviously biased to the ruling class.

5 ( +5 / -0 )

I really don't trust this outcome after all that has happened

3 ( +3 / -0 )

Just just wait till the 2021 audit comes out on Tokyo Olympic spending. Fun times, all around.

4 ( +4 / -0 )

87.4 billion yen!

My bet is that two-plane Abe already knows it!!!

People of Japan being duped time and time again...

4 ( +4 / -0 )

I think we need an auditor for the AUDITORS!!!

3 ( +3 / -0 )

Not bad. Here the US military in the 1980's paid 800.00 dollars for a wrench.

0 ( +0 / -0 )

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