JAPAN GOVERNMENT MINISTRIES AND AGENCIES REQUET $1 TRILLION AS BUDGET FOR FY 2021

Highlights –

• Japan government ministries and agencies request $1 trillion as budget for FY 2021.
• The sum is excluding spending plans for the COVID-19 pandemic.
• The budget for the year starting in April 2021 will be finalized in late December.
• The Japanese economy contracted by 28.1 percent in the April-June quarter.

The Japanese Finance Ministry on Wedn....