Budget for Fiscal Year 2018 (Heisei 39) for Agency for Cultural Affairs Determined

On March 28, the government budget for the fiscal year 2018 (Heisei 30) was passed. The budget for the Agency for Cultural Affairs became ¥107.729 billion, increasing by 3.3%, which is ¥3.457 billion increase compared to the previous year. The budget is divided into five principal projects as follows: 1. Creation and development of culture and arts, and cultivation of human resources; 2. Preservation, utilization and succession of Japan’s precious cultural properties; 3. Creating Social and Economic Value utilizing Cultural Resources; 4. Disseminating Diverse Culture and Arts to Improve Japan’s Brand; and 5. Improvement/enhancement of the foundation for the promotion of culture. A major category whose budget increased is as follows: In project 3, ¥50 million for ‘Projects to revitalize the arts market’. (Japanese)