Japan’s Finance Minister Signals Possibility of More JGB Sales

Japan’s Finance Minister Satsuki Katayama signaled that it may be necessary to issue additional debt to fund Prime Minister Sanae Takaichi’s upcoming economic package, if existing resources prove insufficient.

“We usually draw from higher-than-expected tax revenues and unspent funds from previous budgets to fund extra budgets,” Katayama said in an interview with a group of reporters Friday. “But if that’s not enough, we’ll have to issue more government bonds — it can’t be helped if it comes to that,” she said.