The preparation of Japan's 2026 draft budget has now entered the final stage. The total budget may reach 122 trillion yen, or 5.5 trillion yuan, another record high. Specific budget details show that in this budget, the defense budget will reach 9 trillion yen, or 405.6 billion yuan, which also set a new high for Japan's initial defense budget for each fiscal year. From December 23 to 24, Japan's Ministry of Finance discussed the draft 2026 budget with various departments and made a formal decision at the cabinet meeting held on the 26th. The total amount of this budget is likely to reach 122 trillion yen, a record high.

The preparation of Japan's 2026 draft budget has now entered the final stage. The total budget may reach 122 trillion yen, or 5.5 trillion yuan, another record high. Specific budget details show that in this budget, the defense budget will reach 9 trillion yen, or 405.6 billion yuan, which also set a new high for Japan's initial defense budget for each fiscal year. From December 23 to 24, Japan's Ministry of Finance discussed the draft 2026 budget with various departments and made a formal decision at the cabinet meeting held on the 26th. The total amount of this budget is likely to reach 122 trillion yen, a record high.