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Japan approves $990 billion coronavirus package, equal to 20% of its GDP
short by Krishna Veera Vanamali / on 07 Apr 2020,Tuesday
Japan has approved a stimulus package worth $990 billion, equal to 20% of its GDP, to support its economy after Prime Minister Shinzo Abe declared a state of emergency over coronavirus. This exceeds the equivalent of 11% of US output for the stimulus package unveiled by President Donald Trump and 5% of GDP for Germany's package.
short by Krishna Veera Vanamali / 08:17 pm on 07 Apr
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