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Japan PM Suga says to decide new economic package next week

Friday, 04 Dec 2020 06:14 PM MYT

Yoshihide Suga said the new package would include an unprecedented ¥2 trillion fund to promote carbon neutrality in 2050, among a slew of steps to cope with the economic impact of Covid-19. — Reuters pic
Yoshihide Suga said the new package would include an unprecedented ¥2 trillion fund to promote carbon neutrality in 2050, among a slew of steps to cope with the economic impact of Covid-19. — Reuters pic

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TOKYO, Dec 4 — Japan’s government will decide on a fresh economic package early next week by finalising its size, Prime Minister Yoshihide Suga said today.

Speaking at a news conference to mark the end of the parliamentary session, Suga said the new package would include an unprecedented ¥2 trillion (RM77 billion) fund to promote carbon neutrality in 2050, among a slew of steps to cope with the economic impact of Covid-19.

 Suga also said Japan would set aside ¥1 trillion to promote digital transformation in the stimulus package. — Reuters

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