Japan scraps cap on growth spending requests for fiscal 2027 budget

Government looks to encourage investment in fields like AI, but fiscal concerns remain Japanese Finance Minister Satsuki Katayama discussed the budget request guidelines in a July 30 news conference. (Photo by Jo Ishibuchi) TOKYO — Japan approved budget request guidelines for fiscal 2027 on Thursday that remove limits for growth and crisis management investment, a move intended to encourage bold spending that may add to market concerns about government debt.

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