|Japan to give children under 19 $880 cash handout
Japanese children may soon have smiles on their faces and money in their pockets. As part of a covid-19-related stimulus package, Japan's government is planning to give ¥100,000 ($880) to all children under the age of 19. Around 20 million children, from newborns to 18-year-olds, will receive the one-time payment. The initiative is part of an election pledge from Japan's newly-elected Prime Minister. During campaigning, he vowed to help "people in need," such as part-time workers and families with small children. Officials say the money will be given regardless of the financial status of a child's family. All children in any one family will receive the cash. The plan is expected to cost around ¥2 trillion ($17.6 billion).