Japan vows 'bold' step to beat virus fallout, signals big spending package

Fri, Mar 13, 2020 - 12:22 PM

Japan must take "bold and unprecedented" steps to beat the economic fallout from the coronavirus, its economy minister said, suggesting large-scale fiscal stimulus is in the works, as the government tries to fend off a recession.

PHOTO: REUTERS

[TOKYO] Japan must take "bold and unprecedented" steps to beat the economic fallout from the coronavirus, its economy minister said, suggesting large-scale fiscal stimulus is in the works, as the government tries to fend off a recession.

Any spending package would add to support by the...

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