Japan plans to finalize its long-term fiscal & economic roadmap by June 21, focusing on primary budget surplus and debt-to-GDP ratio.
Japan plans to finalize its long-term fiscal & economic roadmap as early as June 21, according to three government and ruling party sources. Market focus is on whether the government will revise its target for a primary budget surplus by fiscal year 2026 and lower the debt-to-GDP ratio. The plan could provide insights into Prime Minister Fumio Kishida's administration's approach to Japan's fiscal health amid potential interest rate hikes by the Bank of Japan.
June 03, 2024
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