Japan finance minister pledges to monitor fiscal balance
Japan’s finance minister said the country will seek balance between fiscal sustainability and economic growth, even as ministries submitted record budget requests of nearly $918 billion.
Story updates
03:47:04 AM UTC
SquawkNews
By Makiko Yamazaki and Takaya YamaguchiJapan's budget requests for the next fiscal year have ballooned to a size similar to during the pandemic era, as Prime Minister Sanae Takaichi's expansionary fiscal agenda pushes government borrowing costs to three-decade highs.Budget requests from government…
By Megumi FujikawaTOKYO--Japan will continue to seek a balance between fiscal sustainability and economic growth, the country's finance minister said, even as ministries submitted record budget requests of nearly $918 billion.Finance Minister Satsuki Katayama said the 143 trillion yen sum, equivale…