Abe says Japan must avoid declaring coronavirus emergency to help economy

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TOKYO (BLOOMBERG) - Japanese Prime Minister Shinzo Abe said the country must try to avoid declaring another emergency, in order to soften the blow to the economy caused by the coronavirus pandemic.. Read more at straitstimes.com.

TOKYO - Japanese Prime Minister Shinzo Abe said the country must try to avoid declaring another emergency, in order to soften the blow to the economy caused by the coronavirus pandemic.

"Considering the effect on employment and livelihoods, we must do all we can to avoid re-issuing the declaration, while controlling the infection as far as possible," Abe said. Under a state of emergency declared in April, many businesses closed and people were urged to stay at home. Abe said the government would provide 2 trillion yen in aid for virus-hit hospitals, and that more would be available if needed.

 

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