Economy

Japan's parliament enacts 18.3 trillion yen supplementary budget for 2025

"Japan's parliament enacts an 18.3 trillion yen supplementary budget for 2025, bolstering post-COVID recovery with anti-inflation measures and defense spending. Discover the implications now."

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Japan's parliament enacts 18.3 trillion yen supplementary budget for 2025
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Japan"s parliament has enacted an 18.3 trillion yen (approximately $118 billion) supplementary budget for fiscal 2025. The measure was approved by the upper house and supports Prime Minister Sanae Takaichi"s largest post-COVID stimulus package.

This budget includes provisions for anti-inflation relief and increased defense spending. The enactment of this supplementary budget is part of the government"s efforts to address economic challenges following the COVID-19 pandemic.

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