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Japan's Budget Crisis...
6 sources cited · archived at time of publication

[1]
NHK World · 2026
"The ruling coalition expressed its intent to achieve passage of the new fiscal year budget as quickly as possible, while the opposition countered that passage within the fiscal year is impossible and demanded that deliberation be thorough"
[2]
NHK World · 2026
"The ruling coalition holds 259 of 465 Lower House seats (56%) but only 119 of 245 Upper House seats (49%)"
[3]
NHK World · 2026
"According to NHK's reporting on 27 March, the cabinet approved a provisional (暫定) budget of approximately ¥8.56 trillion (roughly $57 billion USD) to keep the state functioning if the full budget fails to pass by March 31"
[4]
NHK World · 2026
"Takaichi has signalled willingness to deploy emergency measures (including the provisional budget and the use of reserve funds) to manage near-term fiscal pressures, particularly around crude oil price volatility"
[5]
NHK World · 2026
"The fiscal year ends 31 March 2026. A provisional budget of ¥8.56 trillion has been approved and will take effect if the full budget fails to pass. The ruling coalition controls the Lower House with sufficient votes to override an Upper House rejection"
[6]
NHK World · 2026
"Japan's government is simultaneously managing heightened tensions with China over maritime boundaries, supporting Ukraine through diplomatic channels, and recalibrating its defence posture in response to North Korean missile tests"