Japan's FY 2027 budget requests may exceed 130 trln yen, hitting new record high

NAMPA / Xinhua
2026-08-22
TOKYO, Aug. 22 (Xinhua) -- Budget requests from Japanese government ministries and agencies for fiscal 2027 are expected to exceed 130 trillion yen (around 818 billion U.S. dollars), a significant increase from the current fiscal year's initial budget of 122.31 trillion yen, Kyodo News reported on Friday. The report said that the actual budget could rise further when finalized at the end of this year, as spending for many items is yet to be de......
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