Chief Cabinet Secretary "It is important to overcome the crisis of the new corona" 18:07, September 1st
Regarding "Abenomics" promoted by the second Abe administration, Chief Cabinet Secretary Suga said that he could bring the economy after the burst of the bubble to the best condition and is a great achievement, while the influence of the spread of new coronavirus infection He stressed the importance of overcoming the crisis.
Among them, Chief Cabinet Secretary Suga commented on the changes in the economic situation after the inauguration of the second Abe administration. "Before the inauguration of the administration, the dollar was in the 70-yen range and the stock price was in the 8000-yen range. It was a tough situation. Currently, the price is around 105 yen per dollar, and even with this new coronavirus situation, the stock price is around 23,000 yen."
In addition, regarding the "Abenomics" promoted by the second Abe administration, "Since the inauguration of the administration, Japan's economic scale has expanded by about 60 trillion yen, the highest in history. Was brought to the best condition. This is a great achievement."
On the other hand, Chief Cabinet Secretary Kan said, "The new coronavirus has occurred and the economy has experienced the greatest decline since the war. First of all, it is important to manage this crisis."
In addition, the reporters asked, "Do you think that the next administration should also maintain large-scale monetary easing and aggressive fiscal policy?" Recovery is the most important issue, and we will take the necessary measures to achieve that.”