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"The initial budget presented by the government indicates a positive primary balance for the first time since 1998," she informed reporters. "I think we have developed a budget that balances fostering a robust economy with maintaining fiscal sustainability."
On December 26, the administration sanctioned a budget for the fiscal year 2026 (starting April 1) of 122.3 trillion yen ($782 billion), marking a new high. This encompasses 9.04 trillion yen dedicated to defense, marking a record amount.
The Ministry of Economy, Trade, and Industry aims to increase funding for advanced research in semiconductors and artificial intelligence fourfold, raising it to around 1.23 trillion yen. In total, the ministry's budget for the upcoming fiscal year has risen by around 50% to 3.07 trillion yen.
The Ministry of Finance intends to lower the issuance of government bonds. The overall volume of government bonds allocated to institutional investors during auctions is set at 168.5 trillion yen, which is 3.8 trillion yen less than in the current fiscal year.
source: bloomberg.com
On December 26, the administration sanctioned a budget for the fiscal year 2026 (starting April 1) of 122.3 trillion yen ($782 billion), marking a new high. This encompasses 9.04 trillion yen dedicated to defense, marking a record amount.
The Ministry of Economy, Trade, and Industry aims to increase funding for advanced research in semiconductors and artificial intelligence fourfold, raising it to around 1.23 trillion yen. In total, the ministry's budget for the upcoming fiscal year has risen by around 50% to 3.07 trillion yen.
The Ministry of Finance intends to lower the issuance of government bonds. The overall volume of government bonds allocated to institutional investors during auctions is set at 168.5 trillion yen, which is 3.8 trillion yen less than in the current fiscal year.
source: bloomberg.com
