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The Prime Minister in Action
Ministerial Council on the Monthly Economic Report and Other Relative Issues
December 22, 2020
Photograph of the Prime Minister attending the meeting (1)
Photograph of the Prime Minister attending the meeting (2)
Photograph of the Prime Minister attending the meeting (3)
[Provisional Translation]
On December 22, 2020, the Prime Minister 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 December Monthly Economic Report states, “The Japanese economy is still in a severe situation due to the Novel Coronavirus, but it is showing movements of picking up.” Furthermore, concerning short-term prospects, the Report states that, “the economy is expected to show movements of picking up, supported by the effects of the policies and improvement in overseas economies while taking measures to prevent the spread of infectious diseases. However, full attention should be given to the further downside risks to the domestic and foreign economy which are affected by the contraction in the socio-economic activities due to the spread of the infectious disease. Also attention should be given to the effects of fluctuations in the financial and capital markets.”
