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

2nd emergency measure mainly targets SMEs, freelancers and parents

20200310 Abe coronavirus meeting

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

Nikkei staff writers

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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