- Analytics
- News and Tools
- Market News
- Japan’s Suzuki: Will continue to strive for the FY2025 main balance target
Japan’s Suzuki: Will continue to strive for the FY2025 main balance target
Japanese Finance Minister Shunichi Suzuki said in a statement on Tuesday that “we will continue to strive for the fiscal year 2025 main balance target.
His comment comes after Japanese Prime Minister Fumio Kishida’s cabinet on Friday approved a record 114.4 trillion yen ($863 billion) in overall spending, including a jump in defense spending,
In response, Suzuki said “budget reliance on bond issuance has actually improved from this year, adding that “I don’t think defense spending has gone overboard.”
Market reaction
USD/JPY was last seen trading at 132.81, on the defensive amid a broadly weaker US Dollar.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
