TOKYO (REUTERS) - Japanese Prime Minister Shinzo Abe will likely instruct cabinet to make changes to a draft supplementary budget to offer blanket cash payouts of 100,000 yen (S$1,324.50) each to all citizens, Kyodo news agency reported on Thursday (April 16), as the coronavirus pandemic inflicts deeper pain on the world's third-largest economy.. Read more at straitstimes.com.
TOKYO - Japanese Prime Minister Shinzo Abe will likely instruct cabinet to make changes to a draft supplementary budget to offer blanket cash payouts of 100,000 yen each to all citizens, Kyodo news agency reported on Thursday , as the coronavirus pandemic inflicts deeper pain on the world's third-largest economy.
The change would be a nod to growing calls from ruling and opposition lawmakers for Mr Abe to take bolder steps to soften the economic blow of the coronavirus, such as by handing out more cash to more people. The government has declared an emergency in Tokyo and six other areas including Osaka, with more than 9,000 infections nationally and nearly 200 deaths.
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