Japan planning to allocate $86.6b within additional budget to support economy ...Middle East

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Japan planning to allocate $86.6b within additional budget to support economy
TOKYO: The Japanese government is in the final stages of approving a 13.1 trillion yen (US$86.6 billion) package for measures to support the country’s economy as part of its supplementary budget for the current fiscal year, reported Sputnik quoting news agency Kyodo on Wednesday, citing sources.The package could be agreed upon during a meeting of the Japanese cabinet as early as November 2, the news agency added.In late September, Japanese Prime Minister Fumio Kishida called the next three years a “period of transformation” from a cost-cutting economy to a model focused on expanding the labour market, increasing wages and consumption, boosting digitisation, and supporting start-ups. Kishida

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