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The Prime Minister in Action
Ministerial Council on the Monthly Economic Report and Other Relative Issues
July 19, 2021
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 July 19, 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 July Monthly Economic Report states, “The Japanese economy shows further weakness in some components and remains in a severe situation due to the novel coronavirus but it continues to show signs of picking up.” Furthermore, concerning short-term prospects, the Report states that, “the economy is expected to show movements of picking up, supported by policy effects and improvement in overseas economies while taking measures to prevent the spread of infectious diseases and accelerating vaccinations. However, full attention should be given to the movement of infections that would affect the domestic and foreign economies. Also attention should be given to the effects of fluctuations in the financial and capital markets.”
