Japan to enact 25.69 tril. yen extra budget for coronavirus package

Japan's parliament is set to enact a 25.69 trillion yen ($240 billion) supplementary budget for fiscal 2020 on Thursday to finance an emergency package to cushion the economy from the impact of the coronavirus pandemic.The House of Councillors is expected to approve the extra budget following its passage by the House of Representatives the previous day, amid growing speculation that Prime Minister Shinzo Abe will decide to extend the nationwide state of emergency that is due to end next Wednesday.Adopted by the Cabinet last week, the supplementary budget for the year through next March was …READ FULL ARTICLE