4.6 C
New York
Wednesday, November 30, 2022

Japan govt will spend $24 billion in budget reserves to cope with price hikes

Japan govt will spend  billion in budget reserves to cope with price hikes
© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks during a news conference at the prime minister’s official residence in Tokyo, Japan October 14, 2021. Eugene Hoshiko/Pool via REUTERS/File Photo

TOKYO (Reuters) – Japan will spend 3.48 trillion yen ($24.31 billion) in budget reserves to cope with ongoing price hikes and respond to COVID-19, the Ministry of Finance said on Tuesday.

The decision was made at a meeting of Prime Minister Fumio Kishida’s cabinet.

($1 = 143.1800 yen)

Source: Investing.com

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,279FansLike
12,893FollowersFollow
744FollowersFollow
- Advertisement -

Latest Articles

Popular Articles