Home > News > The Prime Minister in Action > March 2021 > Ministerial Council on the Monthly Economic Report and Other Relative Issues
The Prime Minister in Action
Ministerial Council on the Monthly Economic Report and Other Relative Issues
March 23, 2021
[Provisional Translation]
On March 23, 2021, 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 March Monthly Economic Report states, “The Japanese economy shows weakness in some components although it continues to recover amidst the severe situation due to the Novel Coronavirus.” Furthermore, concerning short-term prospects, the Report states that, “the economy is expected to pick up, supported by the effects of the policies and improvement in overseas economies while the socio-economic activities will be resumed with taking measures to prevent the spread of infectious diseases. However, full attention should be given to the movement of infections that would affect the domestic and foreign economy. Also attention should be given to the effects of fluctuations in the financial and capital markets.”