Boj Chief: Support Will Be Expanded If Necessary

BOJ chief: Support will be expanded if necessary

The Governor of the Bank of Japan says it will not hesitate to draw up additional easing measures in response to the coronavirus pandemic.

Kuroda Haruhiko was speaking to reporters on Tuesday after a two-day policy meeting at which the BOJ decided to expand its corporate financing support program to over one trillion dollars.

He said companies remain under tremendous financial stress, but it has become easier for them to obtain funding thanks to efforts by private financial institutions.

Kuroda also suggested the BOJ's financing support program could be further expanded if necessary.