Japan has prepared to provide handouts for low-income families to help protect them from the impact of rising prices and energy costs on normal households.

For this Japan has earmarked a $48.6 billion economic package.

The country wants to do all it can to complete the salvaging of the economy from economic woes and other social activities brought on it by the pandemic.

There will also be a distribution of cash of 50,000 yen per child to low-income households.

Japan hopes to finance this venture by tapping into reserve funds allocated for emergency spending, and also, that will be supported by money from other budgets already put together in 2022.