Japan's new economic stimulus package to exceed 40 tril. yen: sources

Spending by the Japanese government on a set of economic stimulus measures to be finalized next week will exceed 40 trillion yen ($350 billion), expanding from its initial plan of around some 30 trillion yen due to cash handouts, sources close to the matter said Friday.Under the COVID-19 relief measures, there will be 100,000 yen handouts in cash and vouchers for children aged 18 or younger as well as aid for students facing financial difficulties, according to the sources.The package, which Prime Minister Fumio Kishida's Cabinet is expected to approve on Nov. 19, will also include financia…READ FULL ARTICLE