【环球财经】日本国会通过本财年补充预算案

Core Viewpoint - The Japanese government has approved a supplementary budget for the fiscal year 2025, which is the largest since the pandemic, aimed at addressing rising prices and promoting economic growth [1] Budget Overview - The supplementary budget amounts to 18.3 trillion yen (approximately 118.5 billion USD), representing an increase of over 30% compared to the previous year's budget [1] - 64% of the budget will be financed through the issuance of new government bonds [1] Key Spending Areas - The budget includes 8.9 trillion yen allocated for "living security and price measures" to address rising costs through tax cuts and subsidies [1] - 6.4 trillion yen is designated for "crisis management and growth investment," focusing on AI research, shipbuilding, and space strategy [1] - 1.7 trillion yen is earmarked for strengthening defense and diplomatic expenditures [1] Economic Implications - Media and experts express concerns that the government's focus on large-scale spending avoids discussions on fiscal sources and fundamental reforms, potentially leading to further depreciation of the yen and increased inflation [1] - There are worries that this approach may exacerbate the lack of demand for Japanese government bonds, undermining the credibility of both Japanese bonds and currency [1]