Japan's cabinet approves record $785 billion budget, vows to keep debt in check
International
Japanese Prime Minister Sanae Takaichi’s cabinet on Friday (December 25, 2025) approved a record $785 billion budget for the next fiscal year, aiming to strike a balance between her proactive fiscal policy and debt blowout concerns by limiting new bond issuance.
Faced with rising government bond yields and a weak yen, the Takaichi administration has stepped up efforts to reassure investors that the government will not resort to irresponsible debt issuance or tax cuts.
source:thehindu.com
