TechFlow, December 26 — Japanese Prime Minister Sanae Takaichi announced today that Japan expects to achieve a primary budget surplus of 13.4 trillion yen in the fiscal year 2026, marking the first time in 28 years. The cabinet has approved an annual budget of 122.3 trillion yen, with Takaichi emphasizing that the budget will both promote economic growth and ensure fiscal sustainability. The move aims to ease market concerns over Japan's fiscal condition, as the country's 10-year government bond yield has risen to its highest level in 27 years. The government is gradually shifting its focus from achieving primary balance to reducing the debt-to-GDP ratio.
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