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Takaichi Cabinet of Japan approves a ¥122.3 trillion (US$785 billion) budget for the next fiscal year, the largest national budget in Japan's history

The Takaichi Cabinet of Japan approves a ¥122.3 trillion (US$785 billion) budget for the next fiscal year, the largest national budget in Japan's history, while reducing the debt-dependence ratio to 24.2 percent, supported by projected tax revenues of a record ¥83.7 trillion ($535 billion).

By Belfast Herald Staff Reporter1 min read

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BusinessTakaichi Cabinet of Japan approves a ¥122.3 trillion (US$785 billion) budget for the next fiscal year, the largest national budget in Japan's history

The Takaichi Cabinet of Japan approves a ¥122.3 trillion (US$785 billion) budget for the next fiscal year, the largest national budget in Japan's history, while reducing the debt-dependence ratio to 24.2 percent, supported by projected tax revenues of a record ¥83.7 trillion ($535 billion).

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