Major economies agree now is not time to withdraw fiscal support, says Japan's Aso

  • The biggest issue now is when to shift from crisis-mode policy to fiscal restoration.
16 Feb, 2021

TOKYO: Most G7 economies such as Japan, Britain, the United States and France agree that now is not the time to withdraw fiscal support for their coronavirus-hit economies, Japanese Finance Minister Taro Aso said on Tuesday.

"The biggest issue now is when to shift from crisis-mode policy to fiscal restoration. In doing so, it's important for such action to be coordinated," Aso told parliament.

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