Japan approves nearly $1 tril. package to cushion coronavirus impact english.kyodonews.net

KYODO NEWS - 6 minutes ago - 18:25 | All, Japan, CoronavirusJapan's Cabinet approved a largest-ever 108 trillion yen ($990 billion) stimulus package on Tuesday to help struggling households and businesses survive the impact of the new coronavirus outbreak.
The package far exceeds the 56.8 trillion yen emergency package at the time of the 2008 financial crisis and follows stimulus measures worth 26 trillion yen in December to soften the impact of a consumption tax hike.
The package includes emergency measures worth 2 trillion yen already announced after the virus outbreak, mainly financial support for small companies, and steps accounting for 20 trillion yen of the 26 trillion yen stimulus.
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The following is the gist of the emergency economic package approved by Prime Minister Shinzo Abe's Cabinet on Tuesday.