| Updated:
Japan relief plan to issue no debt
THE Japanese government is planning to provide an additional three trillion yen (£21.4bn) to finance the country’s reconstruction without issuing new bond debt “to maintain market trust”, a blueprint for the budget said.
To fund it, the government will use money previously assigned for basic pension benefits, as well as scrapping other premiums that were to be introduced before the catastrophe, such as payouts to households with children.