TOKYO, April 20 ― The Japanese government has decided to provide handouts of ¥100,000 to newly cash-strapped households as part of an emergency relief package expected to be announced next week, the Yomiuri daily reported today.
The spending would come from last fiscal year's extra budget and reserves, the Yomiuri said, without citing sources. The government is now working to compile a series of emergency measures by the end of this month to help households and small firms cope with surging fuel and other prices, tapping budget reserves of up to ¥5.5 trillion.
Also under consideration is whether to raise a subsidy ceiling for fuel wholesalers from ¥25 per litre, the Asahi newspaper reported separately.
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