Japan MOF to request 26.9 trillion yen for FY2023 debt servicing - Yomiuri
FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration
TOKYO : Japan's Ministry of Finance is set to request 26.9 trillion yen ($195.54 billion) for debt servicing in the fiscal year beginning in April 2023, Yomiuri newspapei reported on Tuesday.
That would mark a 10.9 per cent increase from an initial budget for this fiscal year, Yomiuri said ,without citing sources. Japan’s ministries will file their budget requests by the end of this month for negotiation towards draft budget compilation in late December.
($1 = 137.5700 yen)
Source: Reuters
