Bank of Japan Omicron shares decide to extend support measures for small and medium-sized enterprises

The Bank of Japan has released the agenda of the monetary policy meeting held in December.

Policymakers expressed caution about the impact of the spread of Omicron strains on the cash flow of small and medium-sized enterprises, and decided to extend the cash flow support measures.

The Bank of Japan has released the agenda of the monetary policy meeting held in December last year.

According to this, several policymakers pointed out that if the infection re-emerges, small and medium-sized enterprises are likely to be adversely affected by cash flow, etc., and one committee member said, "I am relieved to clarify the support policy early. It is desirable to give a feeling. "

Based on these opinions, the Bank of Japan has decided to extend the funding support measures for SMEs, which are due by the end of March, until the end of September.

Regarding the price situation, one committee member pointed out that "price increases are being made not only for food and energy-related items but also for a wide range of items."

Another member said, "It is necessary to check again whether the conventional risk assessment that takes into consideration the circumstances of Japan such as the low tolerance for price increases and the difficulty of raising wages is appropriate," and one member said, "At this stage. Policy revisions in Japan could lead to recession and falling prices. "