Photo/Illutration Prime Minister Fumio Kishida, right, receives a proposal concerning the cost-of-living crisis from Koichi Hagiuda, chair of the ruling Liberal Democratic Party’s Policy Research Council, at the prime minister’s office on March 15. (Koichi Ueda)

The government plans another round of cash handouts for struggling young families and low-income households.

Prime Minister Fumio Kishida said on March 15 that his government plans to give 30,000 yen ($225) to low-income households and separately 50,000 yen per child to low-income single and married parents, according to Keiichi Ishii, secretary-general of Komeito, the junior ruling coalition partner.

This will be the third round of 50,000-yen payments for struggling families with young children. The previous two were made in the wake of the COVID-19 pandemic.

Ishii and other ruling lawmakers visited Kishida to propose measures to address the rising cost of living.

The plan will be officially announced by the end of March along with steps to tackle soaring energy and food prices. 

The funding for the payments will come from a 5 trillion-yen contingency fund within the budget for the current fiscal year, which ends in March.

The 30,000-yen payments will be available to households with an income low enough to be exempt from the residence tax.