Japan's fiscal 2026 budget to include record spending, Kyodo news agency reports
ReutersDec 16, 2025 7:39 AM
TOKYO, Dec 16 (Reuters) - Total spending in Japan's draft budget for fiscal 2026 will likely exceed 120 trillion yen ($775 billion) to hit a new record, Kyodo news agency reported on Tuesday.
Concern over Prime Minister Sanae Takaichi's big spending plans has recently pushed up government bond yields as investors brace for issuance of huge debt.
($1 = 154.9200 yen)
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