Japan will consider a one-off cash payout of 100,000 yen ($901.55) to its low-income citizens to ease growing social disparity caused by the coronavirus pandemic, public broadcaster NHK quoted the country’s ruling party policy chief as saying.
Hakubun Shimomura, the Liberal Democratic Party’s policy research council chief, said he would propose the government include the cash payout in a fresh economic package and make it part of the party’s pledge for general elections.
The general election is due later this year.
The comment from the Liberal Democratic Party’s heavyweight raises the spectre of another large-scale fiscal stimulus at a time Finance Minister Taro Aso has voiced concern about the massive debt pile.
Reference: Reuters
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