Japanese Prime Minister Shinzo Abe has reportedly called on his government to take “all necessary steps” in order to limit the economic impact of the virus outbreak. That could include dipping into budget reserves, Reuters said.
“There’s a risk the coronavirus outbreak could hurt consumption, so we need to watch developments carefully,” Economy Minister Yasutoshi Nishimura was quoted as saying on Friday, reported Reuters citing Jiji Press.
Japan, which is preparing to host the 2020 Summer Olympics in July and August, is also concerned about the impact on inbound tourism, the report said.
Additionally, 41 people on the Diamond Princess cruise ship, which arrived at the Japanese port of Yokohama earlier this week, have tested positive.
This brings the total number of confirmed cases from the cruise ship to 61, said Japan’s health ministry.
About 3,700 passengers and crew were placed under mandatory quarantine for two weeks after 10 people aboard the cruise liner tested positive.
(Source: CNBC)
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