Government's economic judgment downward revision March 26 17:39 disappearing expression of "recovery" for the first time in 6 years and 9 months
The government has released its monthly economic report this month and has revised down its judgment on the current state of the economy to "severely under pressure and severe conditions," following the spread of the new coronavirus.
The expression "recovery" disappeared for the first time in six years and nine months from economic judgment, and the government officially showed a severe view on the economy. The economy, which has been said to have the longest period of recovery since the war, has reached a turning point.