Japan to use of $15.5 bil. in reserve funds to fight pandemic

Japan's Cabinet on Tuesday decided to use 1.64 trillion yen ($15.5 billion) in reserve funds for fiscal 2020 to beef up the government's response to the coronavirus pandemic, including contributions to an international framework to develop vaccines.The emergency funding includes 739.4 billion yen to support local governments in securing enough rooms at hospitals and hotels for COVID-19 patients and 314.2 billion yen for a no-interest loan program for households that have seen incomes fall sharply due to the pandemic.To help medical institutions prepare for seasonal influenza patients this f…READ FULL ARTICLE