February 18, 2026
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0:33Now PlayingSanae Takaichi was formally reappointed as Japan’s Prime Minister following her electoral win, allowing her to focus on budget deliberations and a trade deal with US President Donald Trump.
Takaichi announced the first batch of projects as part of Japan’s $550 billion investment commitment under the trade deal, including a natural gas facility and a synthetic industrial diamond manufacturing facility.
The prime minister aims to pass the budget for the 2026 fiscal year as swiftly as possible, with the main budget totaling about ¥122.3 trillion and representing an increase of roughly 6.3% from the current fiscal year.
#politics #japan #worldnews
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