JAPAN ESTIMATES ECONOMIC LOSS OF $9.2 BILLION OVER VIRUS EMERGENCY

Highlights –

• Japan estimates economic loss of $9.2 billion over virus emergency.
• The government's decision to extend the emergency will have a negative impact of 600 billion yen.
• The Japanese economy is expected to have plunged into negative growth in Q1.
• The extended declaration could put economic recovery scenarios for the April to June period on low as well.
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Tags : JAPAN ECONOMY, JAPAN CORONOVIRUS STATE OF EMERGENCY, MIZUHO SECURITIES, CORONAVIRUS PANDEMIC, JAPANESE ECONOMY, JAPAN THIRD STATE OF EMERGENCY, ,

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