• Kyodo, Bloomberg

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Japan has decided to issue new government bonds worth ¥22.1 trillion ($192 billion) to fund an extra budget for the current fiscal year through next March that will help finance an economic stimulus package amid the COVID-19 pandemic approved last week, according to sources close to the matter.

The envisaged supplementary budget of ¥31.6 trillion, which is expected to be approved by the Cabinet on Friday, will be used mainly for coronavirus measures and also securing a stable supply of semiconductors, the sources said Wednesday.

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