Japan to ensure swift recovery from pandemic with relief steps -finance minister

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TOKYO : Japan's government will urgently and flexibly take steps to ease the pain of the surging cost of living to ensure the economy's recovery from COVID-induced doldrums, Finance Minister Shunichi Suzuki said on Wednesday.Suzuki made the remark just before parliament began debate on a supplementary bud

TOKYO : Japan's government will urgently and flexibly take steps to ease the pain of the surging cost of living to ensure the economy's recovery from COVID-induced doldrums, Finance Minister Shunichi Suzuki said on Wednesday.

The extra budget will be funded by bond sales, which could further strain a public debt that is already more than twice as large as annual economic output.

 

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