Japan Stimulus

okinawaholic · 8 Dec 2020

Anybody aware of whether today's economic package approval has a stimulus for citizens wrapped in it or not?

Japan Cabinet OKs 73.6 tril. yen new stimulus to fight virus

Japan's Cabinet approved Tuesday an additional economic package worth 73.6 trillion yen ($707 billion), including private funds to help ensure the coronavirus-stricken economy to stay on a recovery track.

english.kyodonews.net

thomas · 8 Dec 2020

Only if you indulge in domestic travel.

The package, set to be approved by the Cabinet later in the day, includes extensions of subsidy programs aimed at promoting domestic travel, spurring consumption and helping companies maintain employment, as well as incentives for digitalization and carbon reduction, according to officials.

Japan compiles ¥73.6 trillion stimulus package to fight pandemic

The new stimulus package will include fiscal spending — typically, loans, investment and spending — worth around u00a540 trillion, Suga said in the meeting.

www.japantimes.co.jp

okinawaholic · 8 Dec 2020

thomas said:
Only if you indulge in domestic travel.

Have any resources in Japanese or English that expand on this? A slightly "paid" vacation to get some white (snow) this year is quite alluring.

mdchachi · 9 Dec 2020

okinawaholic said:
Have any resources in Japanese or English that expand on this? A slightly "paid" vacation to get some white (snow) this year is quite alluring.

It should all be here. 旅行者向け Go To トラベル事業公式サイト

thomas · 9 Dec 2020

We also have a thread on the Go-To Campaign that's regularly updated.

Go To Travel campaign

Tokyo will become eligible for the Go To Travel campaign. as of 1 October, which means that its 13.9 million residents will be allowed to claim some 50 per cent discount on travel expenses through a coupon system when travelling in Japan and, vice-versa, that domestic travellers can claim...

jref.com

I first thought that @okinawaholic was inquiring about cash handouts not travel subsidies.

Lothor · 9 Dec 2020

I'm not impressed with the GoTo travel campaign and think that although it is helping tourist businesses to survive (a good thing), it is of no benefit to the vast majority of the population. I had a (friendly) discussion with a woman about his on Facebook. She claimed the campaign was a big success because hotels, etc., are full and tourist attractions are busy, although I think that you only need a small proportion of the population to travel for this to happen and that the very large number of people in Japan who don't have the time or money to travel are not being reached. And a campaign that encourages people from different parts of the country to mix with each other is high risk.

thomas · 9 Dec 2020

Lothor said:
I'm not impressed with the GoTo travel campaign and think that although it is helping tourist businesses to survive (a good thing), it is of no benefit to the vast majority of the population. I had a (friendly) discussion with a woman about his on Facebook. She claimed the campaign was a big success because hotels, etc., are full and tourist attractions are busy, although I think that you only need a small proportion of the population to travel for this to happen and that the very large number of people in Japan who don't have the time or money to travel are not being reached. And a campaign that encourages people from different parts of the country to mix with each other is high risk.

I agree with the fact that only a small proportion of the population will benefit from the campaign but I guess it's the same segment of people that used to travel before the pandemic started. That was probably one reason why they also decided to launch the Go-To Eat campaign. We decided to cancel our subsidised New Year's trip to avoid unnecessary risks.

johnnyG · 9 Dec 2020

I read that on twitter, suggestions were made for GoToHospital, GoToDoctor, and GoToTesting.

Japan Stimulus

okinawaholic

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Japan Cabinet OKs 73.6 tril. yen new stimulus to fight virus

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Japan compiles ¥73.6 trillion stimulus package to fight pandemic

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