Japan budget requests swell with $78bn in uncapped growth investment

Rising debt costs, unspecified defense items risk fueling tension over spending Budget requests by Japanese government agencies for fiscal 2027 reached a record high. (Nikkei montage/Source photos by Nikkei) TOKYO — Japan's record-breaking budget requests for fiscal 2027 include 12.17 trillion yen ($78 billion) under an uncapped framework for growth investment in areas such as AI and space, adding to concerns about swelling spending fueled by defense and debt servicing costs.

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