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Japan LDP Motegi signals chance of extra budget exceeding Y30 trln – Kyodo By Reuters


© Reuters. Light is cast on a Japanese 10,000 yen note as it’s reflected in a plastic board in Tokyo, in this February 28, 2013 picture illustration. REUTERS/Shohei Miyano/File Photo

TOKYO (Reuters) – Japan’s ruling party executive Toshimitsu Motegi said on Thursday an extra budget of more than 30 trillion yen ($263 billion) would send a “big message” to markets, Kyodo news agency reported.

The remark by Motegi, secretary general of the Liberal Democratic Party (LDP), comes ahead of the government’s expected announcement of a new pandemic-relief stimulus package on Friday.

($1 = 114.0700 yen)

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