TOKYO (Reuters) – Japan will boost its special financing for small and mid-size firms hit by the coronavirus to 1.6 trillion yen ($15.6 billion), according to a government document seen by Reuters on Monday.
The financing, which the government is due to announce on Tuesday, marks a sharp increase from the roughly 500 billion yen previously announced.
The government will use public financial institutions including the Japan Finance Corporation () and the Development Bank of Japan [DBJPN.UL] to provide the funding, according to the document.
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