Japan’s Cabinet approves nearly $1 trillion budget for fiscal year 2021, a record

According to Reuters on the 21st, the Japanese cabinet approved a budget of 106.6 trillion yen ($1.03 trillion) for fiscal year 2021, a record amount.

The annual budget of 106.6 trillion yen rose 4% from this year’s initial level for nine consecutive months, with new debt worth 43.6 trillion yen accounting for