Japan plans to spend a record 16.6 trillion yen on interest costs in FY2027 as rising rates and ballooning debt push total budget requests past

Japan plans to spend a record 16.6 trillion yen on interest costs in FY2027 as rising rates and ballooning debt push total budget requests past

Japan's Ministry of Finance requests 38.7T yen for FY2027 as total government spending bids hit a record 130T yen, raising bond issuance