SAWT BEIRUT INTERNATIONAL

| 17 May 2021, Monday | النسخة العربية

Japan cabinet approves $4.6 billion of reserves to support pandemic-hit businesses

Japan’s cabinet said on Friday it would spend 500 billion yen ($4.59 billion) from emergency reserves to support pandemic-hit businesses.

The money will be drawn from 5 trillion yen in coronavirus-related reserve funds that the government has allocated as part of its budget for the current fiscal year.