Japan To Increase Extra Budget By $80 Bil.

Japan to increase extra budget by $80 bil.

The Japanese government has decided to expand its supplementary budget for the current fiscal year that began April 1 by more than 80 billion dollars. The move is to help fund cash handouts aimed at easing the economic impact of the coronavirus pandemic.

The supplementary budget now comes to more than 230 billion dollars. It will partly fund an emergency economic package worth about 1.1 trillion dollars.

Budget Deliberations Canceled After Abe's Heckling

Budget deliberations canceled after Abe's heckling

Prime Minister Shinzo Abe's heckling during a Diet debate has angered opposition parties, leading to the cancellation of budget deliberations in the Lower House Budget Committee scheduled on Thursday.

Abe jeered a lawmaker of the opposition Constitutional Democratic Party during the deliberations of the fiscal 2020 budget at the committee on Wednesday, saying, "Those questions were meaningless."