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Spending by the central government on a set of economic stimulus measures to be finalized next week will exceed ¥40 trillion ($350 billion), expanding from its initial plan of around some ¥30 trillion due to cash handouts, sources close to the matter have said.

Under the COVID-19 relief measures, there will be ¥100,000 handouts in cash and vouchers for children aged 18 or younger as well as aid for students facing financial difficulties, the sources said Friday.

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