Japanese Government Abandons Approval of FY2026 Budget Within Current Fiscal Year

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On March 30, local time, the Japanese government and the ruling coalition decided to abandon the approval of the FY2026 budget within the current fiscal year (April 2025 to March 2026). The chairman of the Liberal Democratic Party’s Senate Parliamentary Strategy Committee, Hitoshi Isuzaki, announced this decision during a meeting with the chairman of the Constitutional Democratic Party’s Parliamentary Strategy Committee, Yoshitaka Saito, in the National Diet. (CCTV News)

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