Japan’s Nishimura says need to pay close attention on coronovirus impact

Published February 25, 2020, 12:00 AM

by manilabulletin_admin

By Reuters 

Japanese Economy Minister Yasutoshi Nishimura said on Tuesday that the government would need to pay close attention to the impact from the coronavirus outbreak, including on financial markets.

Japan's Economy Minister Yasutoshi Nishimura attends a news conference at Prime Minister Shinzo Abe's official residence in Tokyo, Japan September 11, 2019. (REUTERS/Issei Kato / MANILA BULLETIN)
Japan’s Economy Minister Yasutoshi Nishimura attends a news conference at Prime Minister Shinzo Abe’s official residence in Tokyo, Japan September 11, 2019. (REUTERS/Issei Kato / MANILA BULLETIN)

Nishimura also said he wanted to implement necessary economic support steps depending on the urgency of the situation.

Ahead of annual spring wage negotiations, he said higher wages and expansion in consumption were important as there were downside risks to the economy.

 
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