Japan Approves Record Budget Amid Defense Spending Surge

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Source: The Japan Times
Japan Approves Record Budget Amid Defense Spending Surge
Photo: The Japan Times
TL;DR Summary

Prime Minister Sanae Takaichi's Cabinet has approved a record ¥122.3 trillion budget for the next fiscal year, including issuing ¥29.6 trillion in bonds to cover revenue shortfalls, and plans to submit it to parliament for approval.

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