June 12, 2020 / 6:23 AM / 22 days ago

Japan's record extra budget to top up virus stimulus passes parliament

TOKYO (Reuters) - Japan’s parliament approved on Friday a record $300 billion second extra budget to fund a stimulus package aimed at cushioning the economic blow from the coronavirus pandemic.

The second supplementary budget for the current fiscal year that began in April, worth 31.9 trillion yen ($299 billion), will fund part of a $1.1 trillion relief package the government unveiled last month.

Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim

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