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

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