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Japan Cabinet Approves Record ¥122.31 Trillion 2026 Budget, Lifts Foreign Ministry Outlays

The move positions the package for swift Diet consideration at the prime minister’s urging.

Overview

  • The general account comes to about ¥122.31 trillion, more than ¥7 trillion above the current year and the largest on record.
  • Foreign Ministry funding increases 7.3% to a record ¥817.0 billion, reflecting expanded security-related initiatives and partner support.
  • The plan allocates ¥5.7 billion to shift school club activities to community providers, building on ¥8.2 billion secured in a prior supplementary budget.
  • Prime Minister Sanae Takaichi thanked ruling parties for their work on the plan and is seeking early passage in the upcoming ordinary Diet session.
  • Opposition scrutiny grew as SDP leader Mizuho Fukushima demanded an investigation and dismissal over a reported pro‑nuclear remark, and Yoshimasa Hayashi’s campaign corrected its election expense filing by deleting 13 labor-cost entries.