Japan’s Kiuchi says record budget requests need broad comparison

The economic and fiscal policy minister added that next year's budget should properly reflect rising prices and wages "while strengthening the economy's growth potential."

Tokyo is building a force around AI, unmanned systems, a high-low weapons mix, and greater staying power.

TOKYO (Kyodo) -- Japan's Defense Ministry on Monday submitted a record budget request of 8.89 trillion yen ($56 billion) for fiscal 2027, as the count

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