Japanese PM's rival Kishida urges coronavirus stimulus package


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.

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