Japanese PM Ishiba approves US$732b budget for next fiscal year starting in April
Japanese Prime Minister Shigeru Ishiba has approved a record budget of 115.5 trillion yen or US$732 billion for the next fiscal year starting in April. This is on the back of growing social security and defence spending.
Japan’s Cabinet Approves Record Budget in Test for PM Ishiba
Japan’s cabinet approved a record ¥115.5 trillion ($732 billion) budget for the fiscal year starting April 2025, setting up the minority government of Prime Minister Shigeru Ishiba for a key test of its longevity in getting the proposal approved by parliament.
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