Japan PM Kishida to unveil plans to revive economy after Covid-19 pandemic, East Asia News & Top Stories


Source: straitstimes.com straitstimes.com

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TOKYO (REUTERS) - Japanese Prime Minister Fumio Kishida vowed on Wednesday (Nov 10) to compile a pandemic-relief stimulus package worth “several tens of trillion yen” by the end of next week that will include cash payouts to households hit by the coronavirus crisis. Cash payouts worth 100,000 yen (S$1,190) each will be delivered to students, temporary workers and low-income households hit hardest by the pandemic, Mr Kishida said. The government will also offer cash and vouchers worth a combined 100,000 yen to children aged 18 or younger excluding those of families with annual income exceeding 9.6 million yen, he said....