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The Prime Minister in Action
Ministerial Council on the Monthly Economic Report and Other Relative Issues
March 20, 2019
[Provisional Translation]
On March 20, 2019, Prime Minister Shinzo Abe attended a meeting of the Ministerial Council on the Monthly Economic Report and Other Relative Issues at the Prime Minister’s Office.
Regarding the assessment of the current state of the Japanese economy, the March Monthly Economic Report states, “The Japanese economy is recovering at a moderate pace while weakness is seen recently in exports and industrial production in some sectors.” Furthermore, concerning short-term prospects, the Report states, “The economy is expected to continue recovering, supported by the effects of the policies, while employment and income situation is improving. However, attention should be given to the effects of situations over trade issues on the world economy, the prospect of the Chinese economy, the uncertainty of situations and policies in overseas economies and the effects of fluctuations in the financial and capital markets.”