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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!