These developments suggest that the environment surrounding the Special Program is changing. At the same time, it is difficult to envisage a clear recovery in face-to-face services consumption until herd immunity is achieved through widespread vaccinations. Thus, as long as COVID-19 cases resurge repeatedly, we cannot rule out the possibility of firms having funding difficulties.
Taking into account such environmental changes surrounding corporate financing, the Bank needs to deepen discussions on the treatment of the Special Program from this October onward by carefully monitoring future developments in corporate financing. III. In View of the Post-COVID-19 Era and toward Achievement of the 2 Percent Price Stability Target A.