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Japan LDP, Komeito agree to offer vouchers, cash to youth

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© Reuters. FILE PHOTO: Japan’s Prime Minister and ruling Liberal Democratic Party (LDP) leader Fumio Kishida speaks during a news conference at the party headquarters after his party won majority seats (in coalition with the Komeito party) at Japan’s lower house

TOKYO, Reuters – Japan’s Liberal Democratic Party (LDP), and its coalition partner Komeito have agreed to give vouchers worth 50,000 yen ($441) to children 18 years old or younger in the stimulus package. Jiji news agency reported Tuesday.

The two sides also reached an agreement on a 50,000 yen cash payment to 18-year-old children. However, they did not agree on whether or not to establish an annual income limit. Jiji stated that the meeting was a gathering of executive.

($1 = 113.3500 yen)

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