April-June GDP "There is no doubt that it will be a big negative" Deputy Prime Minister and Finance Minister Aso August 11 14:02
Deputy Prime Minister Aso and Minister of Finance will be announced next week at a press conference after the cabinet meeting, and regarding the preliminary value of GDP = GDP from April to June, "There is no doubt that it is significantly negative I think," he said. "He said that accelerating investment in digitalization and improving productivity would be essential for future economic growth.
About the preliminary value of GDP = Gross Domestic Product from April to June, which will be announced on 17th of this month, among private research companies, the spread of new coronavirus spreads, and the rate of decline is 20% annually It is predicted that the record price will exceed the Lehman Shock and will reach a record low.
As for this, Deputy Prime Minister and Finance Minister Aso said at a press conference, "The US and Europe, which had already been announced, have fallen by about 30% to 40%, but there is no doubt that Japan is also significantly negative. I think."
He added that "capital investment in digital communication technology is increasing among companies. Such technology is needed in the future to grow Japan's economy." He recognized that accelerating investment and improving productivity are essential.