Japan ready to deploy economic stimulus flexibly


Pedestrians walking past the Bank of Japan in Tokyo. ― Bloomberg

TOKYO: Japan stands ready to pump more money into the economy to ease the pain of a prolonged pandemic, the top government spokesman said on Sunday, nodding to growing political calls for additional stimulus to prop up growth.

Less than two weeks before hosting the Olympics, Tokyo goes into its fourth COVID-19 state of emergency from Monday through Aug. 22, fuelling fears of extended pain for restaurants hit by shorter hours and a ban on alcohol consumption.

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