Japan govt to unveil extra budget with $312bn spending to tackle COVID-19

TOKYO: Japan's government will unveil on Friday its first extra budget for this fiscal year ending March to ease the pain of the COVID-19 pandemic, with spending worth 36 trillion yen ($312.04 billion), a draft seen by Reuters showed.

Prime Minister Fumio Kishida's cabinet is expected to approve the budget plan on Friday, including additional government bond issuance totalling 22.1 trillion yen, the draft showed.