“I am convinced that the government's economic judgment was correct.” Nishimura, Economic Recovery Minister, July 30, 21:48
About a different result from the Cabinet Office's study group recognizing that the period of economic recovery that began in December 2012 was 5 years and 11 months, and that the government said "it seems to be the longest after the war" "We are still convinced that the government's business decisions were not wrong," said Nishimura, Minister for Economic Recovery at a press conference.
In this, Nishimura, Minister for Economic Recovery, said, "I am sorry that the peak of the Abenomics economy was judged in this way. I am doing it."
In addition, Minister Nishimura clarified that the Cabinet Office will consider revising the judgment method at the study group, saying that the economic structure is changing, such as the expansion of the service industry, " I have no intention of doing so, and I want to make decisions while listening to the opinions of economists."
On the other hand, regarding the increase in the consumption tax rate to 10% in October last year resulted in a tax increase during the recession phase, "As a result of taking thorough measures to minimize the impact, this January Since February, we have determined that consumption had begun to recover, and the impact had diminished.” He said that the measures were perfect.