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The Economic Times
The Economic Times
National

Japan's extra budget to include funding from fresh debt

Tokyo: Japan's government is likely to issue fresh debt as part of funding for a planned extra budget to cushion the economic blow from the Middle East war, a government source with direct knowledge of the deliberations told Reuters on Monday.

Any additional debt issuance would ‌further strain Japan's already ⁠worsening finances ⁠and may accelerate rises in long-term interest rates.

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