for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
APAC

Japan PM Suga says to decide new economic package next week

FILE PHOTO: Yoshihide Suga, Japan's prime minister, speaks during a joint news conference with Scott Morrison, Australia's prime minister at Suga's official residence in Tokyo, Japan, Nov. 17, 2020. Kiyoshi Ota/Pool via REUTERS/File Photo

TOKYO (Reuters) - Japan’s government will decide on a fresh economic package early next week by finalising its size, Prime Minister Yoshihide Suga said on Friday.

Speaking at a news conference to mark the end of the parliamentary session, Suga said the new package would include an unprecedented 2 trillion yen ($19 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 yen to promote digital transformation in the stimulus package.

Reporting by Kiyoshi Takenaka, Tetsushi Kajimoto, Kaori Kaneko, Antoni Slodkowski; Editing by Alex Richardson

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up