Key Facts
• December 26, 2025: Japanese government approves 2026 budget in a cabinet meeting.
• General account total: Record-breaking 122 trillion yen, the largest in history.
• Prime Minister Takaiichi emphasized the budget aims to strengthen and enrich Japan.
• Budget aligns with 2024 supplementary budget for seamless economic measures.
• Focus on balancing economic growth and fiscal sustainability.
• Takaiichi seeks early approval in 2026 regular Diet session.
• Prime Minister pledges to explain the budget thoroughly to gain public support.
Summary
The Japanese government, led by Prime Minister Takaiichi, approved a record-breaking 122 trillion yen general account budget for 2026 on December 26, 2025. Takaiichi described the budget as a critical step to strengthen and enrich Japan, ensuring continuity with the 2024 supplementary budget. The plan prioritizes economic growth while maintaining fiscal discipline. Takaiichi aims for swift approval in the 2026 regular Diet session and has committed to transparent communication to secure public and legislative support.
