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Japan finmin: not considering at all asking BOJ to finance debt

By Reuters
FILE PHOTO: Japan's Finance Minister Taro Aso arrives at the ceremony site where Emperor Naruhito will report the conduct of the enthronement ceremony at the Imperial Sanctuary inside the Imperial Palace in Tokyo, Japan October 22, 2019. REUTERS/Kim Hong-ji
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TOKYO (Reuters) – Japan’s government is not considering at all asking the Bank of Japan now to finance its debt boosted by stimulus to contain the economic fallout from the coronavirus, Finance Minister Taro Aso said on Friday.

Aso made the remark at a news conference after a cabinet meeting, when asked about media reports that the Bank of England would resort to directly underwriting government debt to fund the cost of its coronavirus stimulus.

Reuters
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