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Japan Finance Minister Aso: Closely monitoring effects of the virus and assure fiscal measures as needed

Japan Finance Minister Aso has crossed the wires, noting that the fundamentals that support domestic demand remain firm.

Key notes

  • We need to closely monitor the effect of the coronavirus on the economy.
  • Drop in Q4 consumption is less than after the 2014 sales tax increase.
  • Closely monitoring effects of the virus and assure fiscal measures as needed.

More to come… 

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