Japan To Release Several Growth Forecasts For FY20 & FY21 (RTRS Sources)

"Japan plans to release several scenarios for economic growth in fiscal
2020 and 2021 due to uncertainty over how long the coronavirus
pandemic will last, four government sources with knowledge of the matter
told Reuters on Wednesday. The government will give projections for
gross domestic product growth (GDP) based on two assumptions that the
pandemic would either end quickly or be prolonged, an unusual move
underscoring the unpredictability policymakers face from the health crisis.
GDP is expected to shrink this year under either scenario but it would
be smaller than a 5% contraction. Under its most pessimistic scenario for
the fiscal year through March 2022, the government expects to see
nearly flat, but still positive GDP growth, one of the sources said."