BREAKING NEWS: Japan PM says to consider compiling extra budget for FY 2026
5 Articles
5 Articles
Japan PM says to mull extra budget for FY 2026 to ease oil price impact
TOKYO - Prime Minister Sanae Takaichi said Monday her government will consider compiling a supplementary budget for fiscal 2026 amid concern over the impact of elevated crude oil prices stemming from the Middle East conflict.
Katayama Signals Care for Bond Market in Compiling Extra Budget
(Bloomberg) — Japan’s Finance Minister Satsuki Katayama indicated she will take into account the bond market as the government considers how to fund new spending to address the adverse impacts of Middle East conflict on the economy.
To protect the lives of citizens from the worsening and prolonged situation in the Middle East, it is crucial to focus and prioritize necessary support measures. The Takaichi administration should move away from ad-hoc responses that assume a swift resolution of the situation and instead focus on demand-suppressing measures such as frugality…
Japan's extra budget to include funding from fresh debt
Japan plans a new budget to counter Middle East war economic impacts. This may mean more government debt, potentially raising interest rates. Long-term bond yields have already hit record highs. The government is considering subsidies for fuel and utility bills. This move could influence the Bank of Japan's interest rate decisions.
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