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Yoshihide Suga

Yoshihide Suga
The new stimulus package will include fiscal spending worth around 40 trillion yen, Suga said in a meeting with ruling party executives.

KONTAN.CO.ID - TOKYO. Japan will compile a fresh economic stimulus package worth 73.6 trillion yen ($708 billion), Prime Minister Yoshihide Suga said on Tuesday, signalling his resolve to pull the country out of its coronavirus crisis-induced slump.

The new stimulus package will include fiscal spending worth around 40 trillion yen, Suga said in a meeting with ruling party executives.

The government is set to finalise the stimulus package later on Tuesday, which would follow a combined $2.2 trillion from two previous packages that focused on dealing with the immediate strain on households and business.

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