[Provisional Translation]

Prime Minister Shinzo Abe held the 5th meeting in 2015 of the Council on Economic and Fiscal Policy at the Prime Minister's Office.
At the meeting, debate took place on the “intensive discussion related to monetary policy, commodity prices and other issues” (for the second time), and on “determining the key topics and overall discussion towards formulation of a plan to achieve both economic revitalization and fiscal soundness.”

Based on the discussion, the Prime Minister said,

“As evidenced by the improvement seen in the corporate sector and other factors, the Japanese economy continues to be on a moderate recovery trend. In regard to future prospects, employment and income conditions are continuing to show signs of improvement, such as the momentum arising from the fact that the rate of increase in wages in the spring wage offensive this year exceeded last year. Furthermore, the positive effects of the drop in oil prices and of our various policies are also anticipated. I intend to continue to exert efforts to expand the positive cycle of the economy.
With regard to Japan’s fiscal state, although we are expected to achieve the goal of halving the primary balance deficit in FY2015, the situation is still challenging. There are still many matters that we must address, such as how to achieve both economic revitalization and fiscal soundness, the nature of expenditure and revenue reform, and so on. I would like you to hold vigorous discussions and formulate a plan in order to achieve the goal of fiscal soundness by FY2020, which will be incorporated in the 2015 Basic Policies that will be completed by the end of June. 
In doing so, the basic philosophy of the economic and fiscal management of the Abe Cabinet is that there can be no fiscal soundness without economic revitalization. I would like you to deepen your discussions of these matters from the perspective of conducting ‘comprehensive economic and fiscal reform.’”