Japan to issue extra bonds worth $240 billion to fund coronavirus stimulus budget: draft

4/20/2020 2:57:26 PM

Japan's government is set to issue extra bonds worth 25.6914 trillion yen ($238.24 billion) to fund a supplementary budget for stimulus measures to ease the pain from the coronavirus outbreak, a government draft obtained by Reuters found.



The amount of new borrowing will be pushed up from 16.8 trillion yen initially planned, after an expansion of a cash payouts program to support households, the draft showed.

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