TOKYO -- Japan will issue 11.6 trillion yen ($74 billion) in government bonds to fund its fiscal 2025 supplementary budget, Nikkei has learned, with higher-than-expected tax revenue still not enough to cover the new administration's big economic package.
Economy
Japan to fund supplementary budget with $74bn in new debt
Upgraded tax revenue forecast falls short of cost of Takaichi's economic package
Japan expects to bring in record tax revenue in fiscal 2025, but this is set to be outpaced by spending in its supplementary budget. © Reuters
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