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HomeLatestJapan intends to distribute $880 to minors as post-pandemic aid

Japan intends to distribute $880 to minors as post-pandemic aid



The Japanese authorities with the help of the ruling coalition plan to provide 1,00,000 yen (USD 878) in money to each citizen aged 18 and youthful in a bid to mitigate the post-coronavirus results, the Kyodo news company reported on Friday, citing sources aware of the matter.

The authorities and the ruling coalition of the Liberal Democratic Party (LDP) and the Komeito Party additionally intend to distribute 30,000 yen amongst holders of the so-called “My Number” ID playing cards. The initiative involving the nationwide identification system is geared toward boosting consumption and guaranteeing sooner financial restoration after the pandemic, the sources informed the company.

The measures in query had been part of the financial agenda within the election marketing campaign of the ruling coalition, which secured 293 out of 465 seats within the parliament’s decrease chamber final weekend. The packages additionally goal to advertise the unpopular “My Number” system, launched in Japan in early 2016 for the nation’s residents and foreigners to mix all private information about one consumer from numerous administrative techniques into one. Every holder has a private 12-digit ID quantity.

However, many Japanese residents worry the system to be unreliable when it comes to potential leakage of personal information.