TOKYO -- In addition to driving up energy prices, the yen's slide against the dollar is also adding pressure on Japan's government budget, increasing foreign-currency payments on defense equipment and other items by 157.4 billion yen ($1.08 billion) from initial estimates.
Economy
Weak yen strains Japan's budget by tacking $1bn onto payments
Costs of defense equipment and foreign aid could continue to swell
The Finance Ministry distributes funds to make up for foreign-exchange losses as the yen remains weak against the dollar.
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