Photo: Kim Kyung Hoon / Reuters
Japan is going to allocate an additional $ 1.1 trillion in the new package of measures to stimulate the economy, damaged by coronavirus. About it reports Reuters.
Thus, the Agency indicates that total expenditures of the third world economies can reach 2.18 trillion dollars, accounting for about 40 percent of the country’s GDP. This will be one of the largest aid packages in the world. For comparison, in the US struggle with the consequences of COVID-19 allocated 2.3 trillion dollars.
In Japan have already started to provide direct assistance to citizens. Each supposed benefit of 1000 yen (about $ 930).
According to analysts of rating Agency Fitch, by the end of this year, the world economy will shrink by 4.6 percent. The most negative forecasts of the experts gave Brazil, India and Russia.
Video, photo All from Russia.