EconomyJapan's economic stimulus to balloon to over $350bn
Election pledges such as cash handouts boost package, raise questions on spending
The government plans to compile a stimulus package worth 40 trillion yen. Support measures for people's livelihoods and businesses have bolstered the scale of the package. © Reuters
Nikkei staff writers
November 12, 2021 18:00 JST
TOKYO -- The Japanese government's economic stimulus package, which is to be compiled on Nov. 19, is expected to swell to more than 40 trillion yen ($350 billion) in fiscal spending, reaching a nearly record level comparable to the one extended last April at the start of the COVID-19 pandemic, Nikkei has learned.