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Japan projects primary budget surplus for FY 2025 amid economic recovery efforts

The forecast, presented at a meeting of Prime Minister Fumio Kishida’s Council on Economic and Fiscal Policy, reflects an anticipated rise in tax revenue driven by robust corporate earnings, coupled with a moderation in expenditure growth following extensive stimulus spending in recent years. The central government’s estimate underscores its commitment to fiscal responsibility and economic reform.

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Prime Minister Kishida to host historic summit with Central Asian leaders in Kazakhstan

Prime Minister Kishida's visit to Kazakhstan underscores Japan's strategic interest in Central Asia, a region increasingly important due to its rich natural resources and growing economic potential. The summit aims to advance Japan's "Free and Open Indo-Pacific" strategy by strengthening ties with Central Asian countries, which are pivotal in regional connectivity and trade routes.

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