Economic
Japan Enacts Record 122.31 Trillion Yen Budget for FY2026
Japan passes a record ¥122.31 trillion budget for FY2026, marking the country’s highest outlay in history, driven by social welfare and defense spending despite delays.
Japan’s parliament has enacted a record ¥122.31 trillion budget for fiscal year 2026, the largest in the country’s history and the first time the budget missed the start of the fiscal year in 11 years. The expansionary plan includes higher social welfare and record defense expenditures, financed largely through new debt while critics point to rising borrowing costs and insufficient measures for energy-price pressures. The delay underscores political gridlock but the government secured passage with limited opposition support.
- Status
- active
- Location
- Tokyo, Japan
- Date added
- 2026-04-10 23:20 UTC
- Added by
- bodglobalapdrt
- Last updated
- Source published dsate/time
- Not provided
- Event date/time
- 2026-04-10 11:00 UTC
- Connected threats
- Not provided