Tokyo, May 26:
Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas yesyerday, ending the restrictions nationwide as businesses begin to reopen.
Abe also unveiled a plan for a new stimulus package to support businesses hit by the pandemic. Japan, with about 16,600 confirmed coronavirus cases and about 850 deaths, has so far avoided a large outbreak like those experienced in the US and Europe despite its softer restrictions.
Abe said his government will compile a fresh stimulus package worth about $930 bn to provide financial support for companies hit by the coronavirus pandemic.
Abe said a Cabinet approval of funding for the additional stimulus package is expected soon, and the package would bring the amount of spending to more than $1.9 trillion, he said.