Japan’s coalition struggles to agree on early extra budget compilation ...Middle East

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Japan’s coalition struggles to agree on early extra budget compilation
TOKYO: Japan’s ruling coalition has yet to agree on the need for an extra budget to fund emergency relief measures to be compiled by the cabinet to ease the pain of surging fuel prices, according to lawmakers.The government is scrambling to compile emergency measures by the end of April to help households and small firms cope with surging prices of fuel and other items by tapping budget reserves of up to 5.5 trillion yen ($42.83 billion).The ruling Liberal Democratic Party (LDP) and its small coalition ally the Komeito party have been at odds over sources of funding, with the LDP resisting calls for an extra budget and Komeito urging the government to craft one as soon as possible.The prospe

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