Japan prepares to hand out cash to parents

Prime Minister Abe starts work on package hours after $10bn stimulus passes

20200311 children at elementary school

With schools across Japan closed, children whose parents cannot stay home with them study at an elementary school on March 6. (Photo by Kosaku Mimura)

RINTARO TOBITA, Nikkei staff writer

TOKYO -- One day after passing a 1 trillion yen ($9.6 billion) financial aid package for businesses and families suffering from the coronavirus outbreak, Japan's government began planning fresh stimulus measures for April as it turns ultra-aggressive toward a looming recession, Nikkei has learned.

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