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Outline of the Ministry of Economy, Trade and Industry (METI) FY 2017 Budget Request

August 2016
The Ministry of Economy, Trade and Industry

  • The Ministry of Economy, Trade and Industry (METI) aims to optimize stimulus policies to encourage private sector investment in key focus areas.
  • METI’s total FY 2017 budget request amounts to approximately 1.5 trillion yen (14.7 billion US dollars).
  • Following coordination with the Ministry of Finance (MOF), the Cabinet will approve a draft budget in late December and present to the Diet for examination.

1. Investment in efforts to realize the fourth industrial revolution

27.5 billion yen (270 million US dollars)

2. Investment in small and medium enterprises (SMEs) and regional economies

84.1 billion yen (825 million US dollars)

3. Energy policy revision and global environmental contribution

339.6 billion yen (3.3 billion US dollars)

373.8 billion yen (3.7 billion US dollars)

47.3 billion yen (464 million US dollars)

Reference