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Financial System Report (April 2021)
Japan's financial system has been maintaining stability on the whole, while COVID-19 continues to have a significant impact on economic and financial activity at home and abroad. The Japanese government and the Bank of Japan, in close cooperation with overseas authorities, swiftly implemented large-scale fiscal and monetary policy measures and took flexible regulatory and supervisory actions to support economic activity and maintain the functioning of financial markets. Firms that are significantly affected by the spread of COVID-19 experience funding difficulties. However, underpinned by the financial soundness of ... (full story)