Japanese PM Takaichi says there is a dearth of domestic investment in Japan and will stop trend of austerity and lack of investment,

Says: Pledges to drive a significant investment via multi-year budgets and long-term funding strategies. Affirms that essential expenditures will be maximised through the initial budget allocation. Affirms commitment to prudent fiscal policies to maintain market confidence. Aims for swift approval of crucial legislation, including tax reform, by the end of FY26/27. Government will unveil an investment roadmap for key strategic sectors beginning next month.