Japan's $1 trillion coronavirus stimulus to lift GDP by 3.8%: Abe
Reuters
Published Apr 15, 2020 05:53AM ET
TOKYO (Reuters) - Japan's coronavirus emergency economic stimulus should boost the country's real gross domestic product by 3.8%, Prime Minister Shinzo Abe said on Wednesday at the end of a meeting of the government's top economic advisory council.
The government last week approved an emergency economic stimulus package worth 108.2 trillion yen ($1.01 trillion), with fiscal spending of 39.5 trillion yen, aimed at battling the fallout from the coronavirus.
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Written By: Reuters
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