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Japan looking to end Tokyo's state of emergency, eyes fresh $930 billion stimulus

Japan looking to end Tokyo's state of emergency, eyes fresh $930 billion stimulus

14 Sept 03:02 Key points summarised by AI
  • Japan is set to lift the state of emergency for Tokyo and other remaining prefectures, effectively ending all nationwide coronavirus restrictions.
  • The government is preparing a substantial new stimulus package worth nearly $1 trillion (100 trillion yen) to aid companies struggling due to the pandemic.
  • This massive financial injection, including expanded loan programs and capital injections, aims to combat Japan's deep recession and prevent further economic decline.
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