Japan to compile extra budget to fund coronavirus stimulus - draft

TOKYO (Reuters) - Japan will compile a supplementary budget worth 16.8057 trillion yen ($154.45 billion) to help fund stimulus spending to combat its coronavirus outbreak, according to a draft of the spending plan obtained by Reuters.

The government will issue the same amount of additional government bonds to fund the extra budget, with a construction bond issuance at 2.3290 trillion yen and deficit-covering bonds at 14.4767 trillion yen, the draft showed.