Japan to spend $18 billion paying tourists to visit

Japan has unveiled an $18 billion plan to reboot its ailing tourism sector by helping offset travel costs for overseas visitors.

Japan has been hit hard by the global Covid-19 pandemic which forced it to postpone the Summer Olympics scheduled for July until 2021.

Now looking to fill all the empty rooms across the many hotels built to accommodate global sporting fans, the Japan Tourism Agency unveiled a $18.2 billion plan that includes paying tourists half of their travel expenses.

Japanese Prime Minister Shinzo Abe has lifted the state of emergency in Tokyo and four other areas where it was still in place, with the tourism program possibly in place by July, according to a report in The Japan Times.