Prime Minister Sanae Takaichi has made a strong case in the year since her inauguration that she’s not a reckless spender. Now she has to prove it.
“From now on, the real test will not be words,” said Saisuke Sakai, a senior economist at Mizuho Research Institute, which operates under Mizuho Bank.
“The focus is whether the administration will really be able to convince the market with its budget, balancing fiscal discipline with growth investment, a consumption tax cut and increased defense spending.”
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