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Japan unveils $4 billion coronavirus package, not yet eyeing extra budget

Japan unveils $4 billion coronavirus package, not yet eyeing extra budget

Tuesday, March 10, 2020, 5:20 PM

Japan unveiled on March 10 a second package of measures worth about $4 billion in spending to cope with the fallout of the coronavirus outbreak, focusing on support to small and mid-sized firms, as concerns mount about risks to the fragile economy. The move is likely to affect what the Bank of Japan decides at its March 18-19 policy review.
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