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Japan's Prime Minister Shinzo Abe speaks during a meeting of government and ruling party officials at his office in Tokyo Wednesday, May 27, 2020. Japan’s Cabinet has approved a proposed 32 trillion-yen ($296 billion) supplementary budget to help fund measures to cushion the blow to the economy from the coronavirus pandemic. (Kyodo News via AP)

Japan OKs funds for $1.1T stimulus to fight pandemic woes

May. 27, 2020 8:42 AM EDT

TOKYO (AP) — Japan’s Cabinet approved a proposed 32 trillion yen ($296 billion) supplementary budget on Wednesday to help fund $1.1 trillion in measures to cushion the blow to the economy from the coronavirus pandemic. The extra funding under consideration includes support for small businesses,...