Japan plans to distribute $880 as economic stimulus package

<h4><span style&equals;"font-size&colon; 14pt&semi;">Japan plans to distribute &dollar;880 &lpar;100&comma;000 yen&rpar; to the population of children who are 18 years or younger&period;<&sol;span><&sol;h4>&NewLine;<p><span style&equals;"font-size&colon; 14pt&semi;">According to the government&comma; the initiative which is part of an economic stimulus plan aimed at blunting the impact of the COVID-19 pandemic&comma; kick off at the end of the month&period; <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 14pt&semi;">The Yomiuri newspaper in Japan reported today on the 5th of November that the government will use the reserves in state coffers to fund this plan&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 14pt&semi;">Also&comma; the government added that the plan will not lead to a huge issuance of government debt&period; And every household in Japan will receive 100&comma;000 yen per child around spring 2022&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 14pt&semi;">In addition to this&comma; Japan&&num;8217&semi;s new Prime Minister&comma; Fumio Kishida is considering adding low-income households and temporary workers to this stimulus package&period; <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 14pt&semi;">Masato koike&comma; senior economist at the Dai- ichi life research institute stated that the plans is to help those in need of money as they survive this difficult time&period; Although some are skeptical about how this plan will affect the economy&period; <&sol;span><&sol;p>&NewLine;