December 5, 2022

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Government will work with BOJ to revive economy, avoid deflation

1 min read

Remarks by Japanese economy minister, Yasutoshi Nishimura

  • Should not hesitate to deploy fiscal stimulus
  • Government must promote new areas of growth such as environment, digitisation
  • Also to work on ensuring wages rise consistently

These are token remarks by Nishimura and stuff that has been reiterated for many a time over the years. If anything, it shows that the pandemic isn’t going to change much of the landscape in the Japanese economy and in terms of policy as well.

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