Japan govt to unveil extra budget with $312 billion spending to tackle COVID-19 – draft
TOKYO (Reuters) – Japan’s government will unveil on Friday its first extra budget for this fiscal year ending March to ease the pain of the COVID-19 pandemic, with spending worth 36 trillion yen ($312.04 billion), a draft seen by Reuters showed.
Most Popular
TOKYO (Reuters) – Japan’s government will unveil on Friday its first extra budget for this fiscal year ending March to ease the pain of the COVID-19 pandemic, with spending worth 36 trillion yen ($312.04 billion), a draft seen by Reuters showed.
Prime Minister Fumio Kishida’s cabinet is expected to approve the budget plan on Friday, including additional government bond issuance totalling 22.1 trillion yen, the draft showed.
Advertisement
Know where Markets is headed? Take advantage now with
Your capital is at risk
($1 = 115.3700 yen)
(Reporting by Takaya Yamaguchi; Writing by Tetsushi Kajimoto; Editing by Muralikumar Anantharaman)