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Japanese government and BOJ vow to support virus-hit economy

Governor Kuroda aims to spur lending with 0.1% interest subsidy

(Photo by Takaki Kashiwabara)

TOKYO -- The Bank of Japan on Friday launched a 30 trillion yen ($278 billion) program to support small businesses, moving in step with Prime Minister Shinzo Abe's government to keep the sector alive amid the economic crisis sparked by the coronavirus pandemic.

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