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Japan's largest budget proposal in history: "Reducing ultra-long bond issuance" to reassure the bond market, tripling support funds for chips and AI.

Japan's largest budget proposal in history: "Reducing ultra-long bond issuance" to reassure the bond market, tripling support funds for chips and AI.

On Friday, the Japanese Takashi Cabinet approved a record-breaking 122.3 trillion yen (785 billion USD) budget proposal, implementing active fiscal policy while alleviating bond market concerns by reducing the issuance of ultra-long-term bonds and controlling the scale of new debt issuance. According to Reuters on Friday, Finance Minister Katsuyama
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