Takaichi’s hunt for new cash to fund spending harbors risks
AI Summary
Japanese Prime Minister Takaichi faces a year-end deadline to explain how the government will fund proposed spending initiatives. These include a two-year food tax cut and increased defense spending, raising questions about fiscal and budgetary risks.
The prime minister faces a year-end deadline to explain how to pay for initiatives ranging from a two-year food tax cut to a defense buildup.