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Japan's PM Takaichi Seeks Supplementary Budget Without Large-Scale Debt Issuance

GateNews

2026-05-20 07:41:35

On Wednesday, Japan's Prime Minister Takaichi Sanae stated in an internal party debate that she hopes the supplementary budget will not heavily rely on bond issuance for funding. Sanae said she expects surplus in government accounts by next month or the month after, adding that Japan may not need to issue large amounts of government bonds. The Prime Minister emphasized that while the budget will be compiled promptly and naturally include this fiscal year's bond issuance, large-scale debt issuance is not necessarily required. Sanae stated: "We aim to minimize government bond issuance while securing people's livelihoods and corporate operations."

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