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Story summary
- The draft budget for fiscal 2026 is projected to exceed 120 trillion yen, up from 115.2 trillion yen in fiscal 2025.
- The government plans to issue 11.7 trillion yen in new bonds to finance more than 60% of the budget.
- Prime Minister Sanae Takaichi's administration aims to raise defense spending to 2% of GDP by fiscal 2025.
- The budget includes household relief measures and investments to support economic growth.
