The Japanese government announced an updated version of economic emergency relief package on April 20, 2020, in response to the growing impact of the coronavirus disease (COVID-19) on Japan's economy. The planned stimulus package reached a value of approximately 117 trillion Japanese yen ,more than twice the amount of the economic measures taken by the government in 2009 when the global economic recession occurred. Compared to the last version released on April 7, roughly nine trillion yen was added to the plan.
In April, the government declared a state of emergency for all 47 prefectures and insisted citizens to stay home and work from home until the end of May. It was, however, lifted in 39 prefectures on May 14 as the number of new infection cases went down. As of May 18 , 2020, there were a total of 16,305 confirmed cases of COVID-19 in Japan. facts and figures page.
Coronavirus disease (COVID-19) economic emergency relief package announced in Japan as of April 20, 2020, by plan
(in trillion Japanese yen)
*This refers to the economic effects expected to materialize from the package of economic stimulus measures announced in December 2019. **This refers to the plans of emergency measures regarding COVID-19 announced in March 2020.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
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Cabinet Office Japan. (April 20, 2020). Coronavirus disease (COVID-19) economic emergency relief package announced in Japan as of April 20, 2020, by plan (in trillion Japanese yen) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1110657/japan-coronavirus-economic-stimulus-package-by-plan/
Cabinet Office Japan. "Coronavirus disease (COVID-19) economic emergency relief package announced in Japan as of April 20, 2020, by plan (in trillion Japanese yen)." Chart. April 20, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1110657/japan-coronavirus-economic-stimulus-package-by-plan/
Cabinet Office Japan. (2020). Coronavirus disease (COVID-19) economic emergency relief package announced in Japan as of April 20, 2020, by plan (in trillion Japanese yen). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1110657/japan-coronavirus-economic-stimulus-package-by-plan/
Cabinet Office Japan. "Coronavirus Disease (Covid-19) Economic Emergency Relief Package Announced in Japan as of April 20, 2020, by Plan (in Trillion Japanese Yen)." Statista, Statista Inc., 20 Apr 2020, https://www.statista.com/statistics/1110657/japan-coronavirus-economic-stimulus-package-by-plan/
Cabinet Office Japan, Coronavirus disease (COVID-19) economic emergency relief package announced in Japan as of April 20, 2020, by plan (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1110657/japan-coronavirus-economic-stimulus-package-by-plan/ (last visited December 21, 2024)
Coronavirus disease (COVID-19) economic emergency relief package announced in Japan as of April 20, 2020, by plan (in trillion Japanese yen) [Graph], Cabinet Office Japan, April 20, 2020. [Online]. Available: https://www.statista.com/statistics/1110657/japan-coronavirus-economic-stimulus-package-by-plan/
