Japan Aims for First Budget Surplus in 28 Years
Update: 2025-12-26
Description
Japanese PM Sanae Takaichi announces primary budget surplus, marking first in 28 years, after approving record budget of 122.3 trillion yen. Despite increased spending, she cuts government bond issuance due to record tax revenues. This move aims to lower debt as a share of GDP, focusing on long-term goals rather than short-term surpluses.
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