Japan’s Takaichi Cabinet approves record US$783 billion budget for next year
02:11 Min
Japanese Prime Minister Sanae Takaichi’s Cabinet has approved a record 122.3 trillion yen - or US$783 billion budget for the next fiscal year, starting April. The amount set aside for defence spending is also the largest ever, at more than US$57 billion. Michiyo Ishida has more.
26 Dec 2025 09:30pm
Japanese Prime Minister Sanae Takaichi’s Cabinet has approved a record 122.3 trillion yen - or US$783 billion budget for the next fiscal year, starting April. The amount set aside for defence spending is also the largest ever, at more than US$57 billion. Michiyo Ishida has more.
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