Japan declares coronavirus emergency, approves near $1 trillion stimulus - 92 News HD Plus

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Japan declares coronavirus emergency, approves near $1 trillion stimulus

The state of emergency, giving authorities more power to press people to stay at home and businesses to close, will last through May 6 and be imposed in the capital, Tokyo, and six other prefectures – accounting for about 44% of Japan’s population.

The government also approved the stimulus package worth 108 trillion yen – equal to 20% of Japan’s economic output – to cushion the impact of the epidemic on the world’s third-largest economy. Japan has been spared the big outbreaks of the coronavirus seen in other global hot spots, but a recent, steady rise in infections in Tokyo, Osaka and other areas led to growing calls for Abe to announce a state of emergency.

The emergency gives governors the authority to call on people to stay at home and businesses to close. With no penalties for ignoring the requests in most cases, enforcement will rely more on peer pressure and respect for authority. “We are asking citizens to buy only what they need when they need it as there is sufficient food supply and no suspension is planned at food factories,” he told reporters earlier, adding there was no sign of disruption to Japan’s grain imports.

 

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