JAPAN ALLOCATES 3RD EXTRA BUDGET OF $185 BILLION FOR FISCAL 2020

Highlights –

• Japan allocates 3rd extra budget of $185 billion for fiscal 2020.
• The 3rd extra budget contains 15.43 trillion yen in newly allocated funds.
• The supplementary budget cleared the House of Councillors after passing the Hous...

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 is...

SUGA INSTRUCTS TO COMPILE 3RD SUPPLEMENTARY BUDGET FOR FISCAL 2020

Highlights –

• Suga instructs cabinet ministers to compile 3rd supplementary budget for fiscal 2020.
• The economic stimulus package is to support the country’s economy.
• The extra budget will likely fund the government's “...

JAPANESE GOVERNMENT SUBMITS EXTRA BUDGET TO DIET FOR COVID-19 RELIEF

HIGHLIGHTS

• Japanese government has planned a budget of ¥31.91 trillion in order to implement additional measures to strengthen the medical system.
• A new package that is worth about ¥117 trillion has been planned.

The governme...

Japan's Ministry of Industry has an extra budget of 45.9b yen to improve energy management

Japan's Ministry of Industry has secured 45.9 billion yen (568.9 million dollars) in the country's supplemental budget for the current fiscal year as it aims to improve its energy management and protect key commodity suppliers.

The move comes as resource-poor Japan faces a risin...