From April 2022 onward, the Bank will purchase about the same amount of CP and corporate bonds as prior to the COVID-19 pandemic. Still, uncertainty over the course of the pandemic remains high, given the possibility that other new variants may emerge.
I assume many businesses in Kyoto Prefecture are facing tight financing conditions, as the eating and drinking as well as accommodations industries account for a greater proportion of the gross prefectural product than the national average. In light of this situation, I consider it necessary to continue to carefully monitor the financing conditions of SMEs under the extended Special Program from April onward. B.