December 7, 2021, 21:03

    Japan govt to unveil extra budget with $312 bln spending to tackle COVID-19 – draft

    Japan govt to unveil extra budget with $312 bln spending to tackle COVID-19 – draft

    TOKYO, Nov 25 (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.

    ($1 = 115.3700 yen)

    Register now for FREE unlimited access to reuters.comRegisterReporting by Takaya Yamaguchi; Writing by Tetsushi Kajimoto; Editing by Muralikumar Anantharaman

    Sourse: reuters.com

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