Reuters exclusively reports Japan to keep setting aside funds for travel, restaurants

Business & Finance

Reuters exclusively reported that Japan plans to keep setting aside money to promote domestic tourism and dining out in its next stimulus package, even though rising COVID-19 infections have prompted concern about the campaigns. A draft of the government’s upcoming package, seen by Reuters, made no mention of the size of stimulus package or its source of funding, which will likely be finalized in the coming days. The outline underscores Prime Minister Yoshihide Suga’s resolve to keep businesses open, even as Japan faces a resurgence in coronavirus infections that are quickly filling up hospital beds. It also points to the dilemma policymakers face in balancing the need to support the economy without spreading the virus. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Economy & Policy

Regions: Asia

Countries: Japan

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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