The Bank of Japan has released "main opinions" on this month's monetary policy meeting, which decided to extend the financing support measures for SMEs.
Policymakers warned that there was growing uncertainty about the impact of Omicron stocks on the economy.
On the 27th, the Bank of Japan announced the main opinions expressed by policymakers on the monetary policy meeting held for two days until the 17th of this month.
According to this, regarding the new mutant virus, Omicron strain, the policymaker commented that "there is no sign that demand will drop significantly at this time", while "the emergence of mutant strains has caused an uncertainties regarding infection trends." The certainty is increasing. "
On top of that, some SMEs still have strict cash flow, and there is an opinion that "the BOJ will give a sense of security to SMEs and financial institutions by clarifying the policy of cash flow support measures early." It has been issued.
Based on these opinions, the Bank of Japan has decided to extend the funding support measures for the new corona for small and medium-sized enterprises, which had been due by the end of March next year, for six months until the end of September next year.
On the other hand, regarding prices, there was an opinion that "in light of the recent rise in raw material costs, it is necessary to check at the next meeting whether the previous evaluation that" prices have a large downside risk "is appropriate." it was done.