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Japan Delays Balanced Budget Goal to Fiscal 2026

5/22/2025

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Summary

Story summary

Japan is pushing back its goal for a balanced budget, now aiming for fiscal 2026 instead of 2025, as economic uncertainty looms due to U.S. tariffs. The new economic guidelines will focus on achieving primary surpluses without relying on borrowing at both national and local levels during these critical years.

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Story summary

Japan is pushing back its goal for a balanced budget, now aiming for fiscal 2026 instead of 2025, as economic uncertainty looms due to U.S. tariffs. The new economic guidelines will focus on achieving primary surpluses without relying on borrowing at both national and local levels during these critical years.