Japan’s fiscal budget for 2026 was enacted on Tuesday following its approval in the upper house of the parliament, funding the state with ¥122.3 trillion (€664bn), the largest allocation in the nation's history.
The spending bill’s passage comes after the government was forced to enact an emergency stopgap budget on 30 March, after it was clear the upper house of the parliament would not approve the full budget before 31 March, the end of the fiscal year.
