Japan plans to end Tokyo's state of emergency, eyes fresh $930 bn stimulus

Japan is looking to lift a state of emergency for Tokyo and remaining areas still facing restrictions while also considering fresh stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic, Nikkei reported on Monday.

Social distancing curbs were removed for most of the country on May 14 as new infections fell, but the government had kept Tokyo and four other prefectures under watch.

The government will seek approval from key advisers for the lifting on Monday. If approved, Japan would have no regions under the state of emergency, which was first instated on April 7.

Tokyo