New Coronavirus Additional Economic Measures in mind PM Abe March 15 at 5:14
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With the spread of the new coronavirus, Prime Minister Abe said on Thursday that he was concerned about the economic downturn in the country and the global economy would decline, and said that he would take necessary measures with additional economic measures in mind. The government and ruling party are planning to start full-scale studies with a view to formulating a supplementary budget for the new fiscal year.
Following the enforcement of the Special Measures Law on Countermeasures against the New Coronavirus, Prime Minister Abe held a news conference on the night of March 14, declaring an `` emergency '' at the moment, saying that the number of infected people in Japan is suppressed compared to other countries. He stated that there was no such policy and that he would make a careful decision.
He also said that there was concern that the domestic economy would worsen and that the global economy would fall further, saying, `` We will take drastic measures with unprecedented ideas '' and take necessary measures with additional economic measures in mind. I showed my idea.
He also said he would consider paying attention to those who are worried about living due to a significant decrease in income.
In response to the economic measures accompanying the spread of the infection, the ruling party had a large-scale response to the demand for a wide range of cash payments and point returns to stimulate consumption, and the case of the 2008 Lehman Shock. Some say that budget options and tax cuts to encourage corporate capital investment should be options.
For this reason, the government and ruling party are planning to make full-fledged studies with the view to formulating a supplementary budget after the new year's budget is approved.