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

Japan's $1tn stimulus offers $18,000 to mom and pop businesses

Government offers nearly $3,000 per household to hard-hit families

The Japanese government hopes to mitigate the economic damage from the coronavirus outbreak as cities ask people to stay home.   © Reuters

TOKYO -- Japan's cabinet is set to approve Tuesday a coronavirus stimulus package worth close to $1 trillion, which includes grants of up to 2 million yen, or $18,350, for small and midsize businesses whose revenue has fallen by more than half.

Sponsored Content

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

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