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Coronavirus

Japan passes nearly $10bn aid package for coronavirus-hit businesses

2nd emergency measure mainly targets SMEs, freelancers and parents

Prime Minister Shinzo Abe has pushed through an aid package that will pay some freelancers and self-employed parents about $40 a day.

TOKYO -- The government of Japan on Tuesday night approved a financial aid package worth 1 trillion yen ($9.6 billion) for small and medium-sized enterprises as well as self-employed workers affected by the new coronavirus.

"Financing will focus on small and tiny businesses which need financing over the next two to three weeks," said Finance Minister Taro Aso.

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