As prices soar, Japan will issue ¥2.7 trillion in new bonds for extra budget

0

The Japanese government plans to issue new bonds to fully fund a proposed ¥2.7 trillion fiscal 2022 supplementary budget that will contain emergency measures to cushion the impact of soaring prices, informed sources said Friday.

As a result, the total amount of new Japanese government bonds issued for the current fiscal year through next March will reach around ¥39.6 trillion, including ¥36.9 trillion to finance spending in the initial budget for the year.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)

Leave A Reply

Your email address will not be published.