Latest news and articles about fiscal stimulus
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Sanae Takaichi’s electoral win paves the way for ambitious fiscal stimulus, defence spending and a temporary cut to food consumption tax, moves that have boosted equities but raised alarms about Japan’s ability to finance such a course. With public debt near 230% of GDP and heavy dependence on foreign and Chinese processing capacity for strategic minerals, Tokyo faces a high-stakes test of credibility that could spill across bond, currency and commodity markets.