Japan's economy is bottoming out, eyes on recovery: finance minister

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Japan's economy appears to have hit bottom and is eyeing a recovery from the damage caused by the coronavirus pandemic, its finance minister said, underscoring cautious optimism spreading among policymakers after the relaxation of lockdown measures.

FILE PHOTO: Japanese Finance Minister Taro Aso takes questions from reporters at the annual meetings of the International Monetary Fund and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan

The remarks come ahead of next week’s rate review by the Bank of Japan, which is likely to hold off on expanding stimulus and stick to its view the world’s third-largest economy is headed for a gradual recovery. He added that conditions surrounding Japan’s economy will remain “severe” for the time being due to risks such as the chance of a second wave of infections.

 

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Since 1990, the world's longest economic hibernation.

Taro Aso, Başbakan Yardımcısı ve Maliye Bakanıdır. Taro Aso, Başbakan Abe'ye yardım eden bir suçlu. Taro Aso Borsalino'yu taklit eden bir Yakuza. Japon hükümeti bir grup Yakuza tarafından kontrol ediliyor. Japonya'daki Yakuza, insanların vergisiyle zengin bir hayat yaşıyor.💢😡🖕

財務相と言うよりはゴロツキといった感じだな。

He is a liar. No one cares him.

The term '$1.1 trillion stimulus package' is wrong. To be precise, it is “1.1 trillion dollar scale of operation”.

Same story since the 90s

yurikageyama I think Mr Aso is equivalent of Larry Kudlow. 😁😃😅🤣😂😄

Liar

woah....already?

pump the nikkei boys

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