Japan will compile a supplementary budget worth 16.8057 trillion yen ($154.45 billion) to help fund stimulus spending to combat its coronavirus outbreak, according to a draft of the spending plan obtained by Reuters.
The government will issue the same amount of additional government bonds to fund the extra budget, with a construction bond issuance at 2.3290 trillion yen and deficit-covering bonds at 14.4767 trillion yen, the draft showed.
It is rare for the government to compile an extra budget at the beginning of the new fiscal year in April, highlighting the urgency of the outbreak.Prime Minister Shinzo Abe has pledged to roll out a 108 trillion yen stimulus package, equal to 20% the size of the economy, vowing to take “all steps” to battle the deepening fallout from the coronavirus pandemic.Our Standards:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Kerry Katona auctions off 16-year-old I'm A Celeb top to raise funds for NHSThe former pop star, who was crowned Queen of the Jungle in 2004, is hoping to raise money for the NHS during the Covid-19 crisis
Lire la suite »
16 classic LA restaurants offering takeout during the 'safer at home' order16 classic LS restaurants offering takeout during the “safer at home” order (Via EaterLA)
Lire la suite »
Chernobyl exclusion zone area sees spike in radiation 16 times higher than normal after forest fire'There is bad news—radiation is above normal in the fire's center,' Yegor Firsov, head of Ukraine's ecological inspection service said.
Lire la suite »
16 anxiety relief products to bring you calm during lockdownCalls to one charity from anxiety sufferers are up 364%
Lire la suite »
16 Ways to Entertain Kids Without a BackyardNo backyard? No problem! We've got a ton of ways to keep the kids entertained when everyone is stuck inside all day.
Lire la suite »