Japan parliament to debate second extra budget for pandemic relief next week


  • World
  • Monday, 01 Jun 2020

FILE PHOTO: Japan's Prime Minister Shinzo Abe speaks during a news conference in Tokyo, Japan, May 14, 2020. Akio Kon/Pool via REUTERS

TOKYO (Reuters) - Japan's government will submit to parliament early next week a second extra budget to fund a new $1.1 trillion stimulus package to cushion the economic blow from the coronavirus pandemic, Prime Minister Shinzo Abe said on Monday.

With ruling and opposition parties on board for big spending to combat the virus fallout, parliament is likely to approve the budget as early as next week.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Venezuela opposition backs Gonzalez as presidential candidate
Restaurants are putting digital detox on the menu with smartphone-free dining
Ecuador president declares state of emergency over energy crisis
To stand out in the job market, get to grips with ChatGPT
U.S. stocks end mixed as fear index rises
Number of active drilling rigs in U.S. up this week
Huge blast at military base used by Iraqi Popular Mobilization Forces, army sources say
Three injured after chemical plant fire in U.S. Houston
North Korea conducts cruise missile warhead test on Friday, KCNA says
Feature: Sudanese fall back on primitive means to maintain livelihood amid war

Others Also Read