Japan is planning to provide citizens with a one-off cash handout of 100,000 yen to deal with the economic fallout from the coronavirus pandemic.
Japan will offer a cash payment of 100,000 yen to every resident, Prime Minister Shinzo Abe announced Friday, as measures to contain the coronavirus decimate the world's third-top economy.
Japan has seen relatively few cases and deaths compared to hotspots in Europe and the United States but a recent spike in Tokyo - which logged a daily record 201 new cases on Friday - has sparked concern. Mr Abe said authorities would reassess the situation on 6 May at the end of the public holiday, saying:"If we can all refrain from going out, we can drastically reduce the number of patients in two weeks."
Since then, tourism has dropped by as much as 90 per cent, industry and trade have ground to a halt and the virus forced the postponement of the Tokyo 2020 Olympics that was seen providing a boost to the economy.
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