TOKYO: The Bank of Japan (BoJ) must seek ways to encourage corporate investment to promote digitalisation and a carbon-free society, according to one of its board members at a January meeting, suggesting that the idea could emerge as a future policy option.Meeting for a rate review weeks after the government rolled out fresh curbs to prevent the spread of the coronavirus pandemic, BoJ policymakers warned of various risks that cloud their projections of a moderate economic recovery.
Among them was the chance the pandemic could prod firms to put off investment for innovation, minutes of the Jan 20-21 meeting showed yesterday.