Japan Plans $490 Billion Stimulus to Jolt Struggling Economy – The Wall Street Journal

TOKYO—Japan’s government approved a $490 billion package to support recovery from the Covid-19 pandemic after recent economic struggles, including cash payments to most families and some smaller companies.

The size of the package was nearly double what analysts were expecting earlier this month and amounts to about one-tenth of Japan’s gross domestic product.

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Japan Plans $490 Billion Stimulus to Jolt Struggling Economy – The Wall Street Journal

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