Japan eyes more spending backed by 2nd extra budget to combat COVID-19 fallout

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Japan eyes more spending backed by 2nd extra budget to combat COVID-19 fallout
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TOKYO: Japan will take additional stimulus measures 'swiftly' to combat the fallout from the coronavirus pandemic, Prime Minister Shinzo Abe said, ...

An employee of a retail store wearing a protective face mask and a face mask is seen outside of the store under a nationwide state of emergency as the spread of the coronavirus disease continues in Tokyo, Japan May 10, 2020.

In extending the measures to the end of May, the government said it would reassess the situation on May 14 and possibly lift them earlier for some prefectures. In a sign of the rising demands from politicians, opposition lawmaker Yuichiro Tamaki urged Abe to deploy fresh spending of 100 trillion yen funded by a 100-year"coronavirus" bond.

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