Japan to give 300,000 yen in cash to each household in need

Prime Minister Shinzo Abe and his ruling Liberal Democratic Party agreed Friday that the government will provide 300,000 yen ($2,800) in cash to each household suffering from falling incomes amid the spread of the new coronavirus."I told the prime minister that 300,000 yen should be given to each household whose income has decreased to a certain level," LDP policy chief Fumio Kishida told reporters following a meeting with Abe, adding that the prime minister agreed on the idea.About 10 million of Japan's 58 million households are expected to be eligible for the cash program, a key pillar of…READ FULL ARTICLE