Report: Japan's national debt interest payments for the fiscal year 2029 will reach 21 trillion yen.

According to calculations by the Japanese Ministry of Finance, due to the impact of rising interest rates, interest expenses on Japanese government bonds will increase by 8.6 trillion yen in the 2029 fiscal year compared to the 2026 fiscal year, reaching 21.6 trillion yen. The calculation is based on the 2026 fiscal year budget proposal and projects the future fiscal situation, which clearly shows that interest expenses will increase significantly, leading to continued financial pressure. The total fiscal expenditure for the 2029 fiscal year is expected to increase by 17.4 trillion yen compared to the 2026 fiscal year, reaching 139.7 trillion yen.