Japan's cabinet approves US$3.7bil in emergency spending on Covid-19

People wearing face masks to help curb the spread of the coronavirus walk across an intersection in Tokyo. On Saturday (Dec 12), Japan's cabinet approved US$3.7 billion in emergency spending in reserve funds to combat the ongoing Covid-19 pandemic. - AP

HONG KONG, Dec 12 (Xinhua): Japan's cabinet approved US$3.7 billion in emergency spending in reserve funds to combat the ongoing Covid-19 pandemic on Saturday.

Using an allocation of 311.93 billion yen (US$2.99 billion), the Japanese government will, controversially, extend the "Go To Travel" campaign which was set to end in January for another five months to purportedly bolster the nation's ailing tourism sector and help boost the broader economy.