Economy remains 'very severe,' says EPA report

Economy remains 'very severe,' says EPA report

Economic Planning Agency Director General Taichi Sakaiya (L) listens to Prime Minister Keizo Obuchi before he presents his agency's monthly economic report for April to a cabinet session April 13. The report said, 'All in all, the economy is still in a very severe situation, as private demand remains sluggish.' ==Kyodo

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