The government is also planning to finalise a massive stimulus package worth 108 trillion yen – equal to 20% of Japan’s economic output – to cushion the heavy impact of the pandemic on the world’s third-largest economy.
“Japan and countries overseas and facing their biggest crisis in recent years because of the coronavirus outbreak,” Chief Cabinet Secretary Yoshihide Suga said on Tuesday.has so far been spared the massive outbreaks seen in other global hotspots, 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 state of emergency will allow us to strengthen current steps to prevent an increase in infections while ensuring that economic activity is sustained as much as possible.” “We are currently in deliberations with the central government to decide specifically which types of facilities we will be asking to close or shorten business hours,” Tokyo Governor Yuriko Koike said on Monday, while reiterating there would be no restrictions on buying groceries and medicine.
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