JAPAN CABINET APPROVES 3rd SUPPLEMENTARY BUDGET OF $210 BILLION FOR FISCAL 2020

Highlights –

• Japan Cabinet approves 3rd supplementary budget of $210 billion for fiscal 2020.
• A new national bond worth 22.40 trillion yen will be issued from the supplementary budget.
• Japan’s current fiscal year’s debt issuance is about to hit a record high of over 112 trillion yen.
• The government will increase subsidies to help local governments cover losse....
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  Tags : JAPAN CABINET OFFICE, JAPAN GOVERNMENT, JAPAN LOCAL GOVERNMENT, PRIME MINISTER OF JAPAN, YOSHIHIDE SUGA, JAPAN THIRD SUPPLEMENTARY BUDGET,

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