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

Japan moves forward with $1tn in new coronavirus relief

Corporate safety net main focus of second extra budget

The Japanese government is preparing another relief package, following the first supplementary budget in April. (Photo by Uichiro Kasai)

TOKYO -- The Japanese government has begun finalizing a coronavirus relief package of more than 100 trillion yen ($928 billion), aiming to strengthen the corporate safety net and follow up on last month's 117 trillion yen stimulus.

Slated for cabinet approval Wednesday, the second supplementary budget for fiscal 2020 will aid struggling enterprises and increase support for idled workers.

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