Japan's Prime Minister Kishida Fumio has instructed his ministers to swiftly implement the economic measures in the supplementary budget of around 29 trillion yen, or over 210 billion dollars.
The government convened a task force on Tuesday to comprehensively help people's livelihoods following the Diet's passage of the second extra budget last week.
Japan's Prime Minister says the government has compiled an additional stimulus package worth over 700 billion dollars to tackle the effects of the coronavirus pandemic on the economy.
Prime Minister Suga Yoshihide spoke at a meeting with senior officials on Tuesday.
The Japanese government plans to seek opinions from experts on a package of measures to stimulate consumption for an economic recovery from the coronavirus outbreak.
The government plans to launch its "Go To" campaign on Wednesday next week. It covers tourism, restaurant and other industries hit by the outbreak.
The Toyota Corolla hatchback has sponged up all the headlines lately thanks to the imminent Corolla Sport GR and "Special Edition." Product planners haven't forgotten about the sedan, according to a piece in Car and Driver, although the goodies on the way are suited for the more conservative sedan buyer. The Apex Sport Package is a cosmetic suite for the mid-grade SE and top-grade XSE trims that should become available "within the next few months." We don't much information on it at the moment, leaving the specific bodywork changes in the category of known unknowns. What is clear is that the 2.0-liter four-cylinder with 169 horsepower and 151 pound-feet of torque won't be touched. Opting for the SE trim opens up the chance to take control with the six-speed manual, but the CVT-equipped SE and XSE are also on the menu.
A set of summer performance tires is how a Corolla fitted with the Apex Sport Package will get more out of its standard mojo. At the moment, the SE and XSE trims come with 18-inch wheels on Michelin or Yokohama all-season tires. Certain Corolla hatchbacks come with asymmetrical Dunlop high-performance all-season tires; a set of extra-sticky summer rubber on the sedan would outdo those.
The Japanese government has submitted to the Diet a supplementary budget plan aimed at easing the economic impact of the coronavirus outbreak.
The government on Monday submitted the bill worth more than 230 billion dollars for the fiscal year that began on April 1. It will partly fund an emergency economic package worth 1.1 trillion dollars.
Japan's Cabinet has approved emergency economic measures of record proportions to deal with the impact of the coronavirus. The package is worth about 108 trillion yen, or one trillion dollars. The government plans to issue additional bonds to help fund the spending.
Also included is a plan to secure enough of the flu drug Avigan by the end of next March to potentially treat up to two million people infected with the new coronavirus.
The Japanese government is set to announce emergency economic measures on Tuesday to deal with the impact of the coronavirus. The package is worth about one trillion dollars. Tokyo plans to issue additional bonds to help fund the spending.
Prime Minister Abe Shinzo has said that the scale of the stimulus will be unprecedented equivalent to about one-fifth of Japan's gross domestic product.
The Japanese government plans to quickly draw up an emergency stimulus package to cope with the economic impact of the coronavirus pandemic.
The package will include cash handouts to struggling households and will be on a larger scale than similar measures taken during the 2008 global financial crisis.
Japan's government has decided on its second emergency package to deal with the coronavirus outbreak.
The government taskforce on the new coronavirus endorsed the 4.2 billion-dollar package on Tuesday.
NHK has learned the details of a second emergency package by the Japanese government to fund programs and enforce new regulations for containing the coronavirus outbreak.
Sources say one measure will provide funding to improve the availability of testing for the virus.
The Japanese government has launched a 136-million-dollar package to fight the coronavirus outbreak. It includes funds for the development of a vaccine and treatment for the illness caused by the virus.
The emergency plan was approved on Thursday at a task force meeting attended by Prime Minister Shinzo Abe and his full Cabinet.