The government has increased the amount of money it makes available for low-interest loans to companies through the state-owned Development Bank of Japan, the Finance Ministry said in a statement Friday.
The ministry increased the funds to ¥1.13 trillion for the year ending March 31, up from ¥1 trillion, the statement said.
Finance Minister Kaoru Yosano said earlier this month that the government will set aside as much as ¥1.5 trillion for loans extended by the state lender should companies ask to borrow more than ¥1 trillion.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.