Japan to extend stimulus on unprecedented scale, says AbeChristian Fernsby ▼ | March 28, 2020
Japan will extend economic stimulus on an “unprecedented scale” to rescue the country that’s suffering from the impact of the coronavirus outbreak, Prime Minister Shinzo Abe said.
Prime Minister Shinzo Abe
Topics: Japan Abe
The prime minister said he wants to submit a supplementary budget in about 10 days and it will be passed as soon as possible. He cautioned that the battle against the virus will be a long one. Japan is preparing its virus-related policies with the worst-case scenario in mind, he said.
The administration isn’t considering a state of emergency now, Abe said. The prime minister said Japan will start trials of Fujifilm Holdings Corp.’s Avigan with view to using it as treatment. ■