Japan to use $13 bil. in reserve funds for COVID measures

Japan's cabinet has approved 1.4 trillion yen ($13 billion) in fiscal 2021 reserve funds. This budget is mainly allocated to purchasing COVID-19 vaccines and securing medicines for patients.

Of the total budget, the government allocated about 841.5 billion yen for the COVID-19 vaccine procurement and vaccine rollout program. Meanwhile, approximately 235.2 billion yen was earmarked to purchase the medicines.

Another 154.9 billion yen was allocated to a no-interest loan program up to 200,000 yen per household for those who were severely affected by the pandemic. To read more, click here.

Source: The Mainichi

Picture bGabby K from Pexels


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