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Japanese Finance Minister Katayama says will not rely on new debt issuance to fill tax revenue shortages, will review budget spending and revenue to fil tax revenue shortages
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Japan's Finance Minister Katayama reaffirmed fiscal discipline by pledging no new debt for tax shortages, a stance supported by US Treasury Secretary Bessent despite rising JGB yields and tax cut pressures.
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US Treasury Secretary Bessent's remarks acknowledged Japan's efforts for fiscal discipline.
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