Takaichi takes aim at Japan's supplementary budgets
Prime Minister Sanae Takaichi is taking aim at extra budgets, a routine feature of Japanese politics long seen as a problem that needs to be addressed.“We will allocate necessary funds in the initial budget as much as possible," she said in a policy speech at the parliament on Feb. 20. "This will be a major reform that will take two years."Some academics and analysts have noted that the Liberal Democratic Party has often used supplementary budgets for political reasons. They add that this additional spending might have contributed to Japan's weak fiscal health. In 2025, Japan’s debt-to-gross domestic product ratio stood at 234.9%.
