Abe Plans Blanket 100,000-yen Cash Handout

Abe plans blanket 100,000-yen cash handout

Japan's Prime Minister Abe Shinzo says he plans to provide a blanket cash handout of 100,000 yen, or about 930 dollars, per person as part of economic measures to deal with the coronavirus outbreak.

Abe conveyed his plan to the head of junior coalition partner Komeito, Yamaguchi Natsuo, over the phone on Thursday. Abe said he intends to alter the government's supplementary budget proposal for fiscal 2020 to secure the necessary funding.

Govt May Offer 100,000 Yen Cash Handout

Govt may offer 100,000 yen cash handout

Japan's government may offer 100,000 yen, or about 1,000 dollars, per person as part of economic measures in response to the coronavirus outbreak.

A senior official of the governing Liberal Democratic Party says Prime Minister Abe Shinzo discussed the matter with LDP Secretary General Nikai Toshihiro and Policy Research Council Chairman Kishida Fumio on Thursday.