Send
Print
Cabinet Secretariat
"The strategy, spanning until the fiscal year 2040, seeks to secure private investments of 230 trillion yen annually and aim for a GDP near 1,100 trillion yen, while consistently lowering the debt-to-GDP ratio," Takaichi stated during a session of the Economic and Fiscal Policy Council.
Nominal GDP for the fiscal year ending March 2026 was around 670 trillion yen. Bloomberg mentions that the government intends to grow the economy by over 60% in the upcoming 14 years.
Takaichi stated, "We will aim to attain – and additionally speed up – economic growth exceeding 1% in real terms and 3% in nominal terms as quickly as we can."
Takaichi seeks to break free from what she refers to as "a persistent trend of underinvestment in Japan" and plans to assert her stance by presenting a long-term vision for the nation's economic growth. "The mission of the Takaichi administration," the prime minister remarked, "is to harness the complete potential of Japan and its citizens to enhance the nation's overall strength in every aspect."
The gathering was held to deliberate on a proposed policy that will outline the economic plan of the Japanese government for the next year. Approval is anticipated around the middle of July.
source: bloomberg.com
Nominal GDP for the fiscal year ending March 2026 was around 670 trillion yen. Bloomberg mentions that the government intends to grow the economy by over 60% in the upcoming 14 years.
Takaichi stated, "We will aim to attain – and additionally speed up – economic growth exceeding 1% in real terms and 3% in nominal terms as quickly as we can."
Takaichi seeks to break free from what she refers to as "a persistent trend of underinvestment in Japan" and plans to assert her stance by presenting a long-term vision for the nation's economic growth. "The mission of the Takaichi administration," the prime minister remarked, "is to harness the complete potential of Japan and its citizens to enhance the nation's overall strength in every aspect."
The gathering was held to deliberate on a proposed policy that will outline the economic plan of the Japanese government for the next year. Approval is anticipated around the middle of July.
source: bloomberg.com
