Japan will compile a fresh stimulus package worth $1.1 trillion, which would be among the world's largest fiscal plans to cushion the economic blow from the coronavirus pandemic.
TOKYO - Japan will compile a fresh stimulus package worth $1.1 trillion, which would be among the world’s largest fiscal plans to cushion the economic blow from the coronavirus pandemic.
Direct spending measures will make up 33 trillion yen of the 117-trillion-yen package, with the rest mostly set aside for state-affiliated banks to offer financial aid to firms hit by the virus.
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