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Japan unveils additional US$4b of support measures

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The move is likely to affect what the Bank of Japan (BOJ) decides at its March 18-19 policy review. The central bank will aim to ensure that companies hit by the virus outbreak do not face a financial squeeze before the end of the current fiscal year in March, Reuters has reported.

Tokyo

JAPAN unveiled on Tuesday a second package of measures worth about US$4 billion in spending to cope with the fallout of the coronavirus outbreak, focusing on support to small and mid-sized firms, as concerns mount about risks to the fragile economy.

The package, totalling 430...

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