Published: Dec 27, 2025, 11:19 IST | Updated: Dec 27, 2025, 11:19 IST
Japan has approved a record budget for the fiscal year 2026. Prime minister sanae takaichi says the plan will deliver a primary balance surplus for the first time in 28 years. The surplus, which excludes debt-servicing costs, is a long-standing fiscal goal and is being used by the government to reassure markets that higher spending can still be responsible.