At the Council on Economic and Fiscal Policy of the government, it was reported that the outlook for the economic growth rate for the next fiscal year was revised upward, and Prime Minister Suga said that the economy would be restored to the level before the spread of the new coronavirus by the end of the next fiscal year. Emphasized the idea of implementing
In addition to Prime Minister Suga, Deputy Prime Minister and Finance Minister Aso and Minister for Economic Revitalization Nishimura attended the Council on Economic and Fiscal Policy held at the Prime Minister's Office.
In this report, it was reported that the outlook for the economic growth rate for the next fiscal year was revised upward from the previous outlook of about + 3.4% to about + 4.0%.
Prime Minister Suga pointed out that "achieving a real growth rate of 4.0% next year will bring the economy back to pre-Corona levels by the end of next year."
He added, "The economic measures decided the other day are expected to have a direct economic effect of about 3.6% in terms of GDP = gross domestic product, and it is important to implement them as soon as possible. We need to continue to stimulate private demand. "
In addition, at the meeting, a "reform process chart" aimed at optimizing medical expenses and promoting digitalization was compiled, and Prime Minister Suga said, "By promoting expenditure reforms and regulatory reforms in each field, it will lead to growth. I will go. "