Tarō Asō

Japan is Beginning to Pay $ 930 to Every Citizen

Japan will begin to pay 100,000 yen (about $ 930) in financial aid to each citizen in May, Tarō Asō, the country's deputy prime minister and finance minister, told a news conference in Tokyo.

The aim is to help all families, regardless of income, in dealing with the damage the coronavirus epidemic has caused to the country's economy.

The Japanese Prime Minister Replaced 14 Ministers in his Cabinet

Japanese Prime Minister Shinzo Abe approved the new cabinet in which 14 ministers out of 19 were replaced. The ministers that keep their posts are the closest associates of the head of state. They are Deputy Prime Minister and Finance Minister Taro Aso, Secretary General of the Cabinet Yoshihide Sugga and Minister of Economy, Trade and Industry Hiroshi Seko. Reports BGNES. 

Japan finmin Aso says will discuss China economy at G20

Japanese Finance Minister Taro Aso said on Sept. 1 it would be beneficial for this week's meeting of the Group of 20 major economies to discuss what is going on in China's economy.

China is Japan's biggest trading partner. China's stock markets have lost nearly 40 percent of their value since mid-June as an economic slowdown rattles investors.