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Japan eyes going digital for emergency welfare loan applications

The Japan Times·No Author·29 days ago
#KDky5asc
#debt#digitalization#disasterpreparedness#fuelshock#sanaetakaichi#welfare
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The welfare ministry hopes to establish a system so people can apply for special welfare loans only using their My Number card information for identity verification. | GETTY IMAGES Japan is considering digitalizing applications for emergency special loans under its welfare fund program, in a bid to more quickly support households struggling financially in emergencies such as natural disasters. The welfare ministry expects the digitalization will partially begin in fiscal 2028 to allow households in financial distress to apply quickly via smartphones. The shift will be implemented in stages at social welfare councils, with nationwide expansion expected for fiscal 2029. Applicants for welfare funds typically need to submit a residence certificate and other documents for identity verification, along with an application form stating household income. These are usually accepted in person. In a time of both misinformation and too much information, quality journalism is more crucial than ever.…

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