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 “Go To Travel” subsidy campaign.
• The government has already enacted two supplementary budgets of about 57 trillion yen.