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JAPAN: Cabinet approves revised budget, significantly increasing fiscal outlays

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At a special cabinet meeting on Monday, 20 April, Prime Minister Shinzo Abe’s cabinet approved a significant change to the government’s stimulus package. Instead of providing JPY 300,000 (USD 2,875.50) to low-income households, the government will provide cash payments of JPY 100...

 

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JAPAN: Cabinet approves revised budget, significantly increasing fiscal outlays

At a special cabinet meeting on Monday, 20 April, Prime Minister Shinzo Abe’s cabinet approved a significant change to the government’s stimulus package. Instead of