Japan To Give Its Citizens $930 Each To Ease Effects Of Coronavirus

Japan's Prime Minister Shinzo Abe said on Friday he intends to hand out 100,000 yen ($930) to each citizen, in place of a previous sanction meant to cover households impacted by the outbreak.

 “We are moving quickly to deliver cash to all people,” Abe said in a televised news conference to explain his decision to expand a state of emergency nationwide. .

An initial plan to provide three times that amount to households, which have seen incomes slashed because of the coronavirus, was ditched and Abe apologised for the confusion. .

Japan has seen relatively few cases and deaths compared to hotspots in Europe and the United States but a recent spike in Tokyo which logged a daily record 201 new cases on Friday has sparked concern. .

Abe initially declared a state of emergency in seven regions of the country but expanded this on Thursday to include the entire country.
He said this decision was taken in a bid to restrict domestic travel during the Golden Week holidays in late April and early May, when many Japanese leave cities to visit family elsewhere. .

The state of emergency hands regional governors the power to demand people stay indoors but stops far short of restrictions seen elsewhere as there is no punishment for transgression. .

Abe said authorities would reassess the situation on May 6 at the end of the public holiday, saying: “If we can all refrain from going out, we can drastically reduce the number of patients in two weeks.” “The future depends on our behaviour,” said the prime minister, saying his goal for everyone to reduce social contact by at least 70 percent was not yet being achieved.

The Japanese economy was heading for recession even before the coronavirus crisis, contracting by 1.8 percent in the final quarter of last year.
Since then, tourism has dropped by as much as 90 percent, industry and trade have ground to a halt and the virus forced the postponement of the Tokyo 2020 Olympics that was seen providing a boost to the economy.

Last month, Abe unveiled a package of stimulus measures worth around $1 trillion to protect jobs, bolster the medical sector and ease the pain for working families.

A delivery of two masks to each household also began on Friday, although the move has been greeted with much derision online.

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Posted: at 17-04-2020 08:51 PM (5 years ago) | Hero

Look at organised country, in Nigeria they will be talking of only giving money to poor people, people who recharged their phones with only 100 or 200 naira airtime, up till now many have not gotten any money or food stuff

Posted: at 17-04-2020 10:06 PM (5 years ago) | Gistmaniac

Japan is a great nation and its people are the busy cultural human on planet .Not only is the country the cleanest on earth but it’ is the most well organized on planet .It is a country where there’s no gap or a big difference between the rich and the poor due to the fact that the jobs availability outweigh or outnumbered the population, this is why japan has zero unemployment rate.Japan as of recent years had passed law through the parliament to allow people from Asians country immigrate to japan to boost the labour market .It is no brainer japan is the third largest economy in the world despite its dwindling population.Japan a country of just over 200 million people is home to one third of global conglomerates and multinational corporations.Therefore, to read if japan handling a 1000 dollar to each of her citizens isn’t any surprise.

Posted: at 18-04-2020 01:02 AM (5 years ago) | Gistmaniac

They can even do more than that if they want to...

Posted: at 18-04-2020 07:41 AM (5 years ago) | Hero