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Japan’s stimulus package must include cash payouts: LDP official

by Fuel Your Portfolio
imageEconomy2 hours ago (Mar 24, 2020 12:40AM ET)

(C) Reuters. The Tokyo Tower is pictured in Tokyo


TOKYO (Reuters) – Japan’s economic stimulus package to beat the fallout from the coronavirus outbreak should include cash payouts, distribution of coupons, and other measures that give a direct boost to consumption, a senior ruling party official said on Tuesday.

Hiroshige Seko, a senior official of Japan’s ruling Liberal Democratic Party (LDP), also told reporters that a supplementary budget must be compiled in time to fund necessary steps before Japan’s Golden Week holidays in early May.

Japan’s stimulus package must include cash payouts: LDP official

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