FILE PHOTO: Japan's Prime Minister Shinzo Abe holds a news conference on Japan's response to the coronavirus disease (COVID-19) outbreak, at his official residence in Tokyo, Japan, March 28, 2020. REUTERS/Issei Kato
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe pledged on Monday to roll out an unprecedented economic stimulus package, equal to 20% of economic output, as his government vowed to take "all steps" to battle deepening fallout from the coronavirus.
The package, to be confirmed by the cabinet on Tuesday, will total 108 trillion yen ($989 billion), far exceeding one compiled in the wake of the 2009 financial crisis totalling 56 trillion yen in size, with fiscal spending of 15 trillion yen.
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