The government and ruling parties agreed Thursday that the supplementary budget for fiscal 2002 will feature 3 trillion yen in fresh spending, with 1.5 trillion yen earmarked for both public works projects and safety net measures.
But the total size of the extra budget will not be clear until Friday, when Prime Minister Junichiro Koizumi will instruct the Cabinet to make budget preparations, Finance Minister Masajuro Shiokawa said.
Taku Yamasaki, secretary general of the ruling Liberal Democratic Party, told reporters that an additional issuance of government bonds for the extra budget will amount to around 5 trillion yen.