ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Abe's barrel-chested stimulus package lacks leg power

Prime minister touts it as world's largest coronavirus relief budget

Commuters depart a train in Tokyo's Shibuya Station on Wednesday. Japan's cabinet has prepared a second round of stimulus measures to boost a coronavirus-battered economy.   © Reuters
KOSUKE TAKAMI and HIROYUKI AKIYAMA, Nikkei staff writers | Japan

TOKYO -- Prime Minister Shinzo Abe called it the largest stimulus package in the world.

The 117.1 trillion yen ($1.09 trillion) second supplementary budget that was approved by the Japanese cabinet on Wednesday, when put together with an earlier supplementary budget, brings total stimulus measures to 230 trillion yen.

Read Next

Latest On Economy

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close