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Japan's finance minister hinted at the possibility of issuing more bonds to finance the economic stimulus plan.
Jin10 data reported on October 24th that Japan's Finance Minister Kato Matsuki hinted that if existing resources are insufficient, it may be necessary to issue additional bonds to fund Prime Minister Takaichi Sanae's upcoming economic stimulus plan. She said, “We usually draw extra budgets from higher-than-expected tax revenues and unused funds from previous budgets. But if that is still not enough, we will have to issue more government bonds—if it comes to that, we have no choice.” She added that it is still too early to fully understand the expected fiscal balance situation.