Japan's ruling party's draft proposal: The government should establish a new investment framework with funding sources independent of regular government spending. The government can issue transition bonds to finance part of the expenditure. Such bonds are not included in the calculation of government debt as a share of GDP and basic fiscal balance. Note: Earlier, according to Nikkei News, Japan plans to issue transition bonds to fund key government projects. The related projects aim to increase investment in growth areas and economic security.

Japan's ruling party's draft proposal: The government should establish a new investment framework with funding sources independent of regular government spending. The government can issue transition bonds to finance part of the expenditure. Such bonds are not included in the calculation of government debt as a share of GDP and basic fiscal balance. Note: Earlier, according to Nikkei News, Japan plans to issue transition bonds to fund key government projects. The related projects aim to increase investment in growth areas and economic security.