Japanese PM's rival Kishida urges coronavirus stimulus package


  • World
  • Thursday, 02 Sep 2021

FILE PHOTO: Japan's Minister in charge of digital reform, social security and tax number system Takuya Hirai attends a news conference in Tokyo, Japan, September 16, 2020. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) -Japan's former foreign minister Fumio Kishida, who is challenging Prime Minister Yoshihide Suga as ruling party chief, said on Thursday an economic stimulus package worth "tens of trillions of yen" was needed to combat the coronavirus pandemic.

Kishida also said Japan must maintain ultra-low interest rates to support the pandemic-hit economy, offering the clearest sign to date that expansionary fiscal and monetary policies would remain in place if he replaced Suga.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Zelenskiy favours US proposal of three-way talks if it produces results
Flash: 1 killed, 2 injured in explosion in Khimki city of Moscow region: media
US offers new talks format including Russia and Ukraine, Zelenskiy says
Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
French presidential silverware keeper faces trial over suspected porcelain theft
Trump enters election year with big wins - and bigger political headwinds
How Brazil's deadliest police raid turned into a bloodbath
Seven elephants killed in India train accident
Ghana's president urged to rally African leaders behind push for slavery reparations
Pakistan court hands Imran Khan, wife 17-year jail terms in another graft case

Others Also Read