Japan Cabinet OKs 18 trillion yen extra budget draft under PM's fiscal push

Japan's Cabinet on Friday approved a draft 18.3 trillion yen ($117 billion) supplementary budget for this fiscal year to fund a massive economic package under Prime Minister Sanae Takaichi, who is aiming to spur growth with expansionary spending.Takaichi's government hopes to secure parliamentary approval for the fiscal 2025 supplementary budget, which is far larger than last year's 13.9 trillion yen package, during the ongoing extraordinary session through Dec. 17 with backing from opposition parties.But it remains uncertain whether Takaichi can get the opposition bloc to back her plan, as…READ FULL ARTICLE