Japan's Cabinet on Friday approved a record 36.0 trillion yen ($314 billion) supplementary budget for fiscal 2021 to fund the government's latest economic stimulus package to put the coronavirus pandemic-stricken economy on a steady recovery track.The first extra budget for the current fiscal year from April entails new government bond issuance worth 22.1 trillion yen. It means most of the supplementary budget will be financed by debt, adding a further blow to the country's fiscal health.The government also plans to use 6.1 trillion yen that was carried over from the fiscal 2020 budget, as …READ FULL ARTICLE
