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Japan Govt OKs FY 2020 2nd Extra Budget Plan worth 117 T. Yen

Japan Govt OKs FY 2020 2nd Extra Budget Plan worth 117 T. Yen

   Tokyo, May 27 (Jiji Press)--The Japanese government adopted Wednesday a fiscal 2020 second supplementary budget plan with measures worth 117.1 trillion yen to reduce the social and economic impacts of the coronavirus outbreak.
   The plan, which includes 31,911.4 billion yen in general-account spending, features programs to strengthen Japan's medial system and support businesses struggling to pay rent.
   The total value of 117.1 trillion yen includes measures to be taken under the country's fiscal and investment loan program and loans to be provided from the private sector.
   Including those financed by the first extra budget, enacted April 30, the total size of measures to fight the coronavirus crisis will reach 230 trillion yen.
   Of the general-account spending planned under the draft second extra budget, 2,989.2 billion yen will go to the medical field, including 2,237 billion yen in subsidies to medical institutions treating coronavirus patients, up from the 149 billion yen secured under the first extra budget.

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AFP-JIJI PRESS NEWS JOURNAL


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