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PM Kishida says removal of Russian banks from SWIFT likely to impact Japan

Asahi reported that Prime Minister Kishida expressed concern on Monday about the possible impact on Japan of the international sanctions involving the removal of Russian banks from the SWIFT financial system. He reportedly said: “We can fully anticipate that the sanctions will have an impact on people’s livelihoods and various sectors of the Japanese economy.” The paper said that although the GOJ is considering increasing subsidies for gasoline and kerosene, Kishida said the GOJ may need to prepare additional measures if oil prices continue to rise.

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