Just Earth News | @justearthnews | 07 Dec 2020, 09:07 pm Print
Yoshihide Suga Tokyo/Sputnik: Japan will adopt new stimulus measures on Tuesday including a package worth 73.6 trillion yen (over $707 billion) aimed at supporting the economy amid the coronavirus pandemic, Prime Minister Yoshihide Suga said.
"These economic measures are designed to protect people's lives and livelihoods by preserving employment, continuing business operations, rebuilding the economy, and opening a window for new growth in the sphere of green energy and digitalization," Suga said as quoted by NHK on Tuesday.
The new economic stimulus measures will include support for medical institutions, investments and green energy.
Last week, the prime minister said that Japan was going to set up a fund worth 2 trillion yen (around $19 billion) to be spent on the development of green technologies by 2030 and invest another 1 trillion yen in digitalization.
- Logitech declares 'Game Day' for 7,000 employees ahead of GTA VI launch
- H-1B crackdown hits IBM: Tech giant ends visa sponsorship for majority of consulting jobs
- Samsung subsidiary Harman launches Drops: A new app that could change how users discover music
- Qantas to cut 850 jobs, outsource corporate functions to Accenture's India teams
- Hacking threats prompt South Korean crypto exchange GOPAX to suspend withdrawals
-1791127926.jpg "Image of the day: October 4, 2026")
