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Economy

Japan's Suga to halt whole travel campaign as COVID surges

Prime minister's signature $12bn stimulus plan to be frozen over new year holidays

Japan, which has been boosting its COVID-hit economy by encouraging residents to travel, is about to shift its focus to slowing the virus's spread.   © Reuters
ERI SUGIURA, Nikkei staff writer | Japan

TOKYO -- Last week's record-breaking number of new COVID-19 infections has forced Japan's Prime Minister Yoshihide Suga to announce Monday the suspension of his entire signature $12 billion travel subsidy package over the country's new year holidays.

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