The Liberal Democratic Party, the Liberal Party and New Komeito agreed at a working-level meeting to provide up to 200 billion yen to local governments to help reverse Japan's declining birth rate, officials of the three parties said Wednesday.
However, there has been no decision as to how the 200 billion yen will be raised.
At any rate, the package, initiated by New Komeito to promote projects aimed at encouraging families to have more children, will be formally submitted Friday to the secretaries general and policy chiefs of each party.