Foundation Office Japan / Regional Economic Programme Asia (SOPAS)
Breadcrumb
KAS Japan Weekly COVID-19 Updates - Foundation Office Japan / Regional Economic Programme Asia (SOPAS)
Asset Publisher
Event Reports
KAS Japan Weekly COVID-19 Updates
by
Naoki Takiguchi
21 April 2020
Government of Japan last week extended a state of emergency to all over the country and has made a major change to emergency economic package.
Key messages include:
1. GOJ will pay JPY 100,000 to all citizens in the country instead of JPY 300,000 to families in financial difficulties.
2. Komeito, LDP's junior coalition partner strongly pressured PM Abe to change the plan. Usually, budgets stay as they are once approved by Cabinet.
3. This development was unusual and has cast shadow over PM's clout and leadership.