Japan's economic stimulus to balloon to over $350bn

Election pledges such as cash handouts boost package, raise questions on spending

20211112 Japanese 10,000 yen bank notes

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

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.

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