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Japan's government will sell a further 2.2 tn yenof bonds to compensate for a shortfall in tax revenue

Published On 18 Dec 2019 11:21 AM


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Japan's government will sell a further 2.2 trillion yen ($20.25 billion) of deficit-financing bonds to compensate for a shortfall in tax revenue, Finance Minister Taro Aso said after the cabinet approved an extra budget for the fiscal year ending March 2020 on Friday.

The extra budget will be combined together with an annual budget for the year starting in April 2020 and sent to Parliament for approval at the beginning of next ye....


Tags : Japan's government, Finance Minister, Taro Aso, Tokyo 2020 Olympics,
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