The Japanese government has decided to give ¥200,000 to eligible households as the coronavirus continues to wreak havoc on the national and global economies. Government officials said Friday the central government will give ¥200,000 in cash to each household struggling with falling incomes amid the outbreak. About 10 million of the nation’s 58 million households are expected to get monetary assistance.
The cash program will be funded by a supplementary budget for this fiscal year that the government wants to pass in the Diet before the Golden Week holiday starts at the end of the month. The government does not plan to set a household income limit for the cash handout, which will be tax-free, according to the official sources.
The government is planning to set its own criteria of which will be eligible to get the cash assistance. According to Minister of Economic Policy, Mr. Yasutoshi Nishimura, “the recipients will be limited to those who are facing livelihood difficulties.”