Japan govt to unveil extra budget with US$312 billion spending to tackle COVID-19 - draft

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

TOKYO : 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 (US$312.04 billion), a draft seen by Reuters showed.Prime Minister Fumio Kishida's cabinet is expected to approve the bud

TOKYO : 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 , 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan to spend US$313 billion in extra budget, tax income overshoots - draftTOKYO : Japan is set to craft an extra budget for fiscal 2021 on Friday, featuring spending of US$313 billion, a draft seen by Reuters showed, while keeping market issuance of interest-bearing bonds steady as it focuses efforts to ease the blow from the coronavirus pandemic.Tax revenue would exceed initia
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan to spend US$313 billion in extra budget as tax income overshoots - draftTOKYO : Japan's government is set to compile an extra budget for this fiscal year featuring spending worth 36 trillion yen (US$313 billion), with additional new bond issuance at 22.1 trillion yen, a draft of documents seen by Reuters showed on Wednesday.Tax revenue would exceed initial estimates by 6.4 tr
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan to release a few hundred thousand kilolitres of oil from reserveTOKYO : Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country's industry minister, Koichi Hagiuda, told reporters on Wednesday. Japan's Prime Minister Fumio Kishida said earlier that his government would release so Wow
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan PM confirms oil reserve release in response to US requestTOKYO : Japan's Prime Minister Fumio Kishida said on Wednesday his government would release some oil reserves in response to a U.S. request in a way that does not breach a Japanese law that only allows stock releases if there is a risk of supply disruption.'We have been working with the United States to s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Consortium of Japan firms to test launch digital currency - NikkeiTOKYO : A consortium of roughly 70 Japanese firms, including the country's three mega-banks, will begin a test launch of a digital currency as early as late 2022, the Nikkei newspaper said on Wednesday.The consortium, including Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and Sumitomo Mi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

DP World Tour launches first tournament in JapanThe DP World Tour, formerly the European Tour, will host a tournament in Japan for the first time in 2022 with the launch of the ISPS Handa Championship, it said in a statement on Tuesday. The US$2 million event, co-sanctioned by the DP World Tour and the Japan Golf Tour, will be played at the PGM Ishioka
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »