TFMNG TV LIVE SPORTS STREAM AT THE TOP LEFT SPACE ABOVE AND BELOW THE SITE (if not on autoplay already, click play, cancel redirecting pages, this may take 3 or more attempts, then get the audio unmuted thereafter by moving your cursor on the video in search of unmute icon by the right bottom👌).

Friday, 17 April 2020

Japan offers $930 (#390,000) corona virus stimulus payment to all residents

Japan will offer a cash payment of 100,000 yen ($930) to every resident, Prime Minister Shinzo Abe announced Friday, as measures to contain the coronavirus decimate the world’s third-top economy.




“We are moving quickly to deliver cash to all people,” Abe said in a televised news conference to explain his decision to expand a state of emergency nationwide.
An initial plan to provide three times that amount to households, which have seen incomes slashed because of the coronavirus, was ditched and Abe apologised for the confusion.
Japan has seen relatively few cases and deaths compared to hotspots in Europe and the United States but a recent spike in Tokyo — which logged a daily record 201 new cases on Friday — has sparked concern.
Abe initially declared a state of emergency in seven regions of the country but expanded this on Thursday to include the entire country.
He said this decision was taken in a bid to restrict domestic travel during the Golden Week holidays in late April and early May, when many Japanese leave cities to visit family elsewhere.
The state of emergency hands regional governors the power to demand people stay indoors but stop far short of restrictions seen elsewhere as there is no punishment for transgression.
Abe said authorities would reassess the situation on May 6 at the end of the public holiday, saying: “If we can all refrain from going out, we can drastically reduce the number of patients in two weeks.”
“The future depends on our behaviour,” said the prime minister, saying his goal for everyone to reduce social contact by at least 70 percent was not yet being achieved.
The Japanese economy was heading for a recession even before the coronavirus crisis, contracting by 1.8 percent in the final quarter of last year.
Since then, tourism has dropped by as much as 90 percent, industry and trade have ground to a halt and the virus forced the postponement of the Tokyo 2020 Olympics that was seen providing a boost to the economy.
Last month, Abe unveiled a package of stimulus measures worth around $1 trillion to protect jobs, bolster the medical sector and ease the pain for working families.
A delivery of two masks to each household also began on Friday, although the move has been greeted with much derision online.

Receive news alert via Whatsapp from The Forefront Media Org, send a message to +2348124620827






No comments:

Post a Comment

Disclaimer!!! Opinions expressed in comments do not represent THE FOREFRONT MEDIA NG's views. All participants are entitled to their opinions. Thank you!!!


Advertise on the Forefront: For advert placement in the blog or advert posts like news updates, reach +2348124620827 [WhatsApp].

Copyright 2023 The Forefront Media Ng. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from The Forefront Media Ng

Featured post

Two Men Drown In Ogun River While Swimming

Two men, Femi Akinola, 32 and Tunde Falade, 35 from Lagos State drowned while swimming in a river at Itori, Ogun State on Monday.

TRENDING POSTS IN ONE WEEK