• Kyodo

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Japan’s economy is on course to make a recovery, but it is likely to be slow in coming due to the lingering effects of the coronavirus pandemic, a summary of opinions from the Bank of Japan released Monday showed.

“Even in fiscal 2022 (through March 2023), the economy is unlikely to return to the level reached before the outbreak of COVID-19,” the respiratory disease caused by the virus, one of the nine Policy Board members said at the July 14-15 policy meeting.

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