Japan economy minister Nishimura pledges further government support for the economy

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Nishimura commenting following the release of the very poor eGDP numbers earlier:

Comments:
  • Japan's economy in severe state but GDP contraction smaller than Europe, US economies
  • hope recovery in US, Europe, Chinese economies drive up japan exports
  • will respond as needed while watching developments of coronavirus and economy and impacts on people's livelihood
  • consumption of goods, services showing signs of pickup
  •  govt will continue to do utmost to put Japan's economy on recovery path after it bottomed out in April, May
  • will support employment with subsidies and back private consumption
  •  will take all possible policy steps to bring economy back on track to domestic demand-led growth

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