Tokyo, May 25, 2026 (AFP) - Japan plans $19 bn extra budget as costs rise with Iran war

NAMPA / AFP

2026-05-25

Japanese Prime Minister Sanae Takaichi said on Monday the government will compile a $19 billion supplementary budget to support households grappling with soaring everyday costs driven by the Iran war. Takaichi said the budget, which is about 3 trillion yen, will be used to ease the rising cost of petrol, electricity and gas, explaining that "the situation in the Middle East remains uncertain". "With a view to minimising risk, we have drawn up a s......

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Law & Politics

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