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Japan finance minister monitoring coronavirus impact, to ensure fiscal




Japan finance minister monitoring coronavirus impact, to ensure fiscal policy measures

  • Update Time : Tuesday, February 18, 2020
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Japan finance minister monitoring coronavirus impact, to ensure fiscal policy measures
Japan finance minister monitoring coronavirus impact, to ensure fiscal policy measures

MarketDeal24.Com – Taro Aso, the finance minister of Japan, said on Tuesday he would ensure that fiscal policy measures would be taken as required to appropriately respond to the spreading coronavirus epidemic while closely watching its its negative impact on the country’s economic activities.

Aso told reporters after a cabinet meeting that economic fundamentals that supported domestic demand were holding solid although slowing global economic growth was impacting the manufacturing sector.

Aso made the comments when queried about government report out on Monday that showed Japanese economy had suffered its deepest contraction since 2014 in the October-December quarter.

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