Politics & Government

Japan Upper House Passes FY 2025 Budget

Yomiuri Shimbun file photo
Japan’s Diet building in Chiyoda Ward, Tokyo

Jiji Press

15:57 JST, March 31, 2025

Tokyo (Jiji Press)—Japan’s House of Councillors passed a modified budget bill for fiscal 2025 on Monday, sending it back to the House of Representatives for approval of the modification by the end of the day.

As Monday is the last day of fiscal 2024, the budget bill is expected to be enacted in time for the start of the next fiscal year.

It will be the first time under the country’s current Constitution for a government budget to be enacted after being modified in the Upper House.

The fiscal 2025 budget bill calls for general-account spending of a record ¥115,197.8 billion , including about ¥10.5 billion added after Prime Minister Shigeru Ishiba decided after the bill’s passage in the Lower House to suspend a plan to raise the upper limit on out-of-pocket personal medical expenses. Meanwhile, reserve funds were reduced in the Upper House.