Announcement
30 Apr 2020
In April 2020, the budget for the 2022 fiscal year of the Ministry of Economy, Trade and Industry was amended, introducing several measures to support the economy in the context of the COVID-19 pandemic.
Source
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Number of interventions
15
15 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Apr 2020
Revocation date:
31 Mar 2021
Announced: 30 Apr 2020
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 1.2 billion (USD 11.2 million) for the "Regionally-Distributed Cloud Technology Development Project". The scheme pr...
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Announced: 30 Apr 2020
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2 billion (USD 18.7 million) for the "Industrial Safety Advancement Promotion Project". The scheme provides financi...
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Announced: 30 Apr 2020
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 3 billion (USD 28 million) for a financial grant scheme to finance technology development and demonstration project...
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Announced: 30 Apr 2020
Other export incentive
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 1.5 billion (USD 14 million) for the "Japan Brand Development Support Project". The scheme will provide financial g...
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Announced: 30 Apr 2020
State aid, unspecified
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 20 billion (USD 186.9 million) for the "Local Business Revival Support Project". The project will be implemented by...
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Announced: 30 Apr 2020
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 8.8 billion (USD 82 million) for the subsidy scheme to support the production of medical ventilators and the "Aviga...
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Announced: 30 Apr 2020
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2.9 billion (USD 27.2 million) for the subsidy scheme to support the production of masks and alcohol disinfectants ...
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Implementation date
30 Apr 2020
Revocation date:
27 Jan 2021
Removed: 31 Mar 2021
Other export incentive
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 87.8 billion (USD 820 million) for the "Content Global Demand Creation Promotion Project". The scheme provides fina...
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Removed: 31 Mar 2021
Financial assistance in foreign market
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 23.5 billion (USD 219.6 million) for the "Overseas Supply Chain Diversification Support Project". The scheme will p...
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Removed: 31 Mar 2021
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 220 billion (USD 2.1 billion) for the "Domestic Investment Promotion Project". The scheme will provide financial gr...
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Removed: 31 Mar 2021
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 10 billion (USD 93.5 million) for the "Business Resource Transfer/ Business Restructuring Support Project". The sch...
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Implementation date
30 Apr 2020
Revocation date:
11 Jun 2020
Removed: 31 Mar 2021
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 70 billion (USD 654.2 million) for a special frame for SMEs under the "Productivity Revolution Promotion Project" f...
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Removed: 31 Mar 2021
Financial grant
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2.3 trillion (USD 21.7 billion) for the "Sustainability Benefits" financial grant scheme for supporting SMEs and fr...
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Removed: 31 Mar 2021
Interest payment subsidy
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2.7 trillion (USD 25.2 billion) for the interest payment subsidy scheme to support companies in the context of the ...
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Removed: 31 Mar 2021
State loan
On 30 April 2020, the Ministry of Economy, Trade and Industry of Japan allocated JPY 1 trillion (USD 9.8 billion) for the subsidies and interest-free loans provided to SMEs by national financial insti...
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Related State Acts
Announced: 31 May 2022
Japan: METI announces a support program to mitigate oil price fluctuations under fiscal year 2022 supplementary budget (May 2022)
Announced: 20 Dec 2021
Japan: METI announces economic support schemes under the 2021 fiscal year supplementary budget (December 2021)
Clarification: 23 Dec 2022
Japan: METI publishes additional support measures to companies during the 2020 fiscal year in the context of the COVID-19 pandemic (January 2021)
Removed: 31 Mar 2021
Japan: METI announces additional support to companies during the 2020 fiscal year in the context of the COVID-19 pandemic (June 2020)
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