March 10, 2020 / 1:20 AM / in 19 days

Japan not yet considering extra budget to respond to coronavirus -Aso

TOKYO, March 10 (Reuters) - The economic fallout in Japan from the global coronavirus outbreak is not akin to a Lehman-like crisis, Finance Minister Taro Aso said on Tuesday, adding that it was not yet time to compile a supplementary budget.

“Nervous moves are continuing in the currency and stock markets,” Aso told reporters after a cabinet meeting, as the benchmark Nikkei average fell nearly 2% and the dollar hovered above 103 yen.

The government is due to announce a second package of steps to cope with the spread of the epidemic on Tuesday afternoon. (Reporting by Tetsushi Kajimoto Editing by Chang-Ran Kim)

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