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Japan set to roll out $1 trillion package www3.nhk.or.jp

posted by  AkihabaraBot | 5 years, 5 months ago

Japan's government is set to compile an emergency economic package of 108 trillion yen, or about one trillion dollars, to fight the impact of the coronavirus epidemic in the country.
The scale of the package is equivalent to 20 percent of the country's gross domestic product.
The government presented its draft economic plan to the ruling Liberal Democratic Party and its coalition partner Komeito on Monday.
The package includes securing enough of the anti-flu drug Avigan by the end of next March to treat 2 million people.
The package also includes payment of about 2,800 dollars to each household whose income has fallen to a certain level due to the epidemic.