Market News

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

    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