TOKYO (Reuters) – Japan’s economy is likely to show a clearer recovery in the second half of next year but there is “huge uncertainty” over the outlook including from the spread of the Omicron COVID-19 variant, Bank of Japan Deputy Governor Masayoshi Amamiya said on Wednesday.
Amamiya told a news conference he was undecided on whether the BOJ would end or extend a range of pandemic-relief funding programmes when they expire in March 2022.
“We will scrutinise developments in corporate funding and financial transmission, including the BOJ’s December tankan survey, in reaching a decision,” he said.
(Reporting by Leika Kihara; Editing by Chang-Ran Kim)
