Japanese Prime Minister Sanae Takaichi’s government is mulling an extra budget for the current fiscal year which will be larger than last year’s, according to local media reports.

The Finance Ministry plans an economic package worth about ¥17 trillion ($110 billion), the Nikkei reported on Saturday, without identifying its sources. The supplementary budget to fund the spending is expected to reach about ¥14 trillion, exceeding last year’s ¥13.9 trillion compiled under former Prime Minister Shigeru Ishiba, the report said.

AloJapan.com