• Kyodo News


The Cabinet on Saturday approved a ¥4.79 trillion second supplementary budget for fiscal 2008 that rolls out support measures for households, small businesses and regional economies hit hard by the economic slowdown.

The extra budget was compiled to finance a ¥26.9 trillion second stimulus package unveiled by Prime Minister Taro Aso in late October, and features a ¥2.04 trillion cash-dispersal program. It is expected to be presented to the Diet on Jan. 5 for deliberations.

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