On May 14, Japanese Prime Minister Sanae Takaichi affirmed that the government will do everything possible to limit bond issuance as it prepares a supplementary budget.
Speaking to the press, Takaichi said the supplementary budget is intended to help people cope with the fallout from the Middle East crisis. She stressed that the government will prioritize controlling public debt and avoid piling on financial burdens for future generations.
The move comes as Japan grapples with soaring energy and commodity costs driven by geopolitical instability in the Middle East. The government expects the supplementary budget to ease hardship for households while maintaining macroeconomic stability.
Previously, Japan had warned its citizens against engaging in child exploitation activities in Indonesia, another matter drawing regional concern.
