The Cabinet of Prime Minister Sanae Takaichi approved the government's annual economic and fiscal policy blueprint on Tuesday. | JIJI
Jul 21, 2026
The Cabinet of Prime Minister Sanae Takaichi approved the government’s annual economic and fiscal policy blueprint on Tuesday after tweaking an earlier version to place more emphasis on Bank of Japan independence.
As this is the first time the policy document was drafted under the leadership of Takaichi — who is considered by some analysts to be a fiscal and monetary dove — the market paid close attention to the direction it set.
An early draft released on June 30 stated that the “appropriate management of monetary policy is critically important to achieve a strong economy.”
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