Japan's extra budget to include funding from fresh debt
Published on: May 18, 2026, 10:10 a.m. | Source: The Economic Times
Japan plans a new budget to counter Middle East war economic impacts. This may mean more government debt, potentially raising interest rates. Long-term bond yields have already hit record highs. The government is considering subsidies for fuel and utility bills. This move could influence the Bank of Japan's interest rate decisions.
