Japan ruling coalition agree on 100,000 yen cash handouts, vouchers

Japan's ruling Liberal Democratic Party and its coalition partner agreed Tuesday on a measure to distribute cash and vouchers each worth 50,000 yen ($443) to people aged 18 and younger to address the economic fallout from the coronavirus pandemic.LDP Secretary General Toshimitsu Motegi and his Komeito counterpart Keiichi Ishii agreed to quickly hand out the cash and then provide the vouchers toward spring, but Motegi's proposal to exclude higher income households remains up in the air.The benefit program is a part of an economic package promised by Prime Minister Fumio Kishida. The Japanese…READ FULL ARTICLE