Japan to boost stimulus to $1.54 trillion due to cash payouts to ease coronavirus pain

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

TOKYO (REUTERS) - Japan's government is boosting its new economic stimulus package by 8 per cent to 117.1 trillion yen (S$1.54 trillion to fund cash payouts to lessen the pain from the coronavirus outbreak, a draft obtained by Reuters showed, straining its already dire public finances.. Read more at straitstimes.com.

TOKYO - Japan's government is boosting its new economic stimulus package by 8 per cent to 117.1 trillion yen to households with sharp drops in incomes hit by the outbreak, but pressure has mounted on Abe to boost the help with a payment of 100,000 yen for every citizen.

The government now plans to issue extra bonds worth 25.69 trillion yen to fund the revised supplementary budget, the draft showed. The extra borrowing will add to the industrial world's heaviest public debt burden, which is more than twice the size of Japan's US$5 trillion economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Japan AbeShinzo is giving 1.5 Trillion 💵 dollars economic stimulus package India nsitharaman ianuragthakur DasShaktikanta narendramodi sgurumurthy r sucking the blood of poor people of India in the name of sabka saath sabka vikas

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia reports 54 new COVID-19 cases, lowest since movement control order imposedMalaysian health officials reported 54 new coronavirus cases on Saturday, the lowest daily increase since the government imposed curbs on movement ... 54 new cases out of how many tests conducted?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Coronavirus: Malaysia records 54 new cases, third time this week of only double-digit casesPETALING JAYA (THE STAR/ASIA NEWS NETWORK) - Malaysia recorded 54 new Covid-19 cases on Saturday (April 18), taking the total number of confirmed infections in the country to 5,305.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

6.4-magnitude quake strikes off Japan coast: USGSTOKYO (AFP) - A 6.4-magnitude earthquake struck off the east coast of Japan early Monday (April 20), according to the US Geological Survey (USGS), but no tsunami warning was issued.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

6.4-magnitude quake strikes off Japan coastTOKYO: A 6.4-magnitude earthquake struck off the east coast of Japan early on Monday (Apr 20), according to the US Geological Survey, but no ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Single dad appeals against loss in first paternity harassment lawsuit in JapanTOKYO - A Tokyo court has ruled against a single father, who accused his former employer Mitsubishi UFJ Morgan Stanley, of unjustly sidelining him after his only son was born, in the first paternity harassment judgment in Japan.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Confirmed Japan coronavirus cases hit 10,000: NHKTOKYO (REUTERS) - The number of confirmed novel coronavirus cases in Japan rose to 10,000 on Saturday (April 18), NHK public broadcaster said, just days after a state of emergency was extended to the entire nation in an attempt to slow the spread of the virus.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »