Japan’s upcoming budget requests in spotlight amid fiscal fears
Defense and growth spending push requests above last year’s record, raising the prospect of more debt issuance and higher debt-servicing costs, sources said.
8 Articles
8 Articles
The budget requests from Japanese government ministries for the 2027 fiscal year (April 2027–March 2028) are expected to surpass 130 trillion yen (approximately 1,135.16 trillion won) for the first time in history. With no cap placed on budget requests for investment in growth sectors, the total requested amount is expected to break the all-time record for the fourth consecutive year. According to Kyodo News and other sources on the 22nd, the Ja…
(Tokyo=Yonhap News) Correspondent Lee Do-yeon = The budget request by Japanese government ministries for the 2027 fiscal year (April 2027–March 2028) has reached a record high of 130 trillion yen (1...
Japan's FY 2027 budget requests to top 130 tril. yen for new record high
Japan's budget requests from ministries and agencies for fiscal 2027 starting April are set to top 130 trillion yen ($819 billion), significantly higher than last year's record of 122 trillion yen due to the government's promotion of growth investment, sources close to the matter said Friday.
The Japan Times
Japan’s upcoming budget requests in spotlight amid fiscal fears
Requests for the next fiscal year are likely to exceed last year's record ¥122 trillion ($767 billion) as the government seeks to cut reliance on supplementary budgets.
Coverage Details
Bias Distribution
- 57% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
