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MNI BRIEF: BOJ's Amamiya: Econ Recovery Clearer Around 1H 2022

TOKYO (MNI)

Bank of Japan Deputy Governor Masayoshi Amamiya said on Wednesday that an economic recovery will likely become clearer around the first half of 2022 due to easing supply-chain disruptions and the government’s economic stimulus package.

"That's the main scenario. However, there are uncertainties over the outlook for the Omicron variant and for the supply-side restrictions, and the BOJ must carefully watch their developments.," Amamiya told reporters,

As for the special fund-providing measures, which are set to expire March 2022, Amamiya said that the BOJ will decide on it in a flexible manner either in December or January.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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