Bank of Japan Governor Kuroda “Collaborating with the Government to Support the Regional Economy” September 23, 18:27
The Bank of Japan's Governor Kuroda gave a speech at a round-table conference with an economic organization in Osaka on the 23rd, paying close attention to the future of the Japanese economy affected by the new corona virus, and thinking of supporting the local economy in cooperation with the government. Shown.
Governor Kuroda of the Bank of Japan attended a round-table conference with four economic organizations in Osaka online from the head office.
In the opening remarks, Governor Kuroda said that the current state of the Japanese economy, which is affected by the new coronavirus, "is still in a difficult situation, but it is picking up as economic activity gradually resumes." He pointed out that the outlook for the economy and prices is "extremely uncertain and the downside risk is greater."
On top of that, "For emergencies like this, it is effective for the government and the central bank to work together to implement policies. The Bank of Japan will continue to support corporate financing, taking into account the actual conditions of the local economy. We will keep an eye on the future of the Japanese economy, and expressed our intention to support the local economy in cooperation with the government.
After the meeting, Governor Kuroda said at a press conference about the financing support measures for companies affected by the new coronavirus, "I think it is quite possible to extend the deadline if necessary." , He said he would like to consider extending it without waiting for the deadline at the end of March next year.