Japan's FY2027 budget requests to hit record $895bn

PoliticsTakaichi administration scraps caps on crisis spending and growth investmentPrime Minister Sanae Takaichi's Ministry of Finance is requesting a record $229 billion for bond service expenses. (Photo by Ken Suzuki)Nikkei staff writersAugust 31, 2026 18:43 JSTTOKYO -- The Japanese government is expected to submit around 143 trillion yen ($895 billion) in total budget requests for the fiscal year through March 2028, the largest amount on record, Nikkei learned on Monday.