With COVID downgrade, Japan expects an economic windfall

Although Japan’s economic recovery from the pandemic remains somewhat fragile, the country is accelerating the normalization of social and business activities, which is set to give the economy a boost.

Earlier this month, the government relaxed face mask guidelines, leaving the choice of whether to wear one up to individuals. It is also planning to downgrade the categorization of COVID-19 to the same level as seasonal flu starting May 8.

Economists believe lowering the category of COVID-19 will bring a positive impact, as the change will soften some measures that have hindered work, consumption and inbound tourism.

Japan income fundJPMorgan Japan Small Cap Growth & Income (LONJSGI), targets Japan income without compromising on Japanese growth opportunities. This Japan income investing opportunity gives investors access to a diverse and fast growing sector managed by local managers.

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