Japan to sell $1 tn of new bonds to fund pandemic-related stimulus: Report

By Takaya Yamaguchi TOKYO (Reuters) - Japan is likely to sell over $1 trillion of new government bonds this fiscal year to fund its huge stimulus packages, sources said, as the coronavirus crisis guts tax revenues and strains already tattered finances.

Prime Minister Yoshihide Suga on Tuesday announced a third spending package to speed up the recovery from recession, bringing the combined value of pandemic-related stimulus to $3 trillion - two-thirds the size of Japan's gross domestic product. The additional cost from the.....

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