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The Twentieth Meeting of the Council on
Economic and Fiscal Policy

Friday, 21 September, 2001



Twentieth Meeting of the Council on Economic and Fiscal Policy

The 20th meeting of the Council on Economic and Fiscal Policy (CEFP) was convened at the Prime Minister's Official Residence.

At the meeting the compilation of the final versions of the Reform Schedule and the interim Front-Loaded Reform Program were agreed. The Reform Schedule stipulates a concrete schedule and content for structural reforms. The Front-Loaded Reform Program focuses on those items incorporated into the Reform Schedule that are of great urgency and need to be implemented with the supplementary budget for the current fiscal year.

At the closing of the meeting Prime Minister Junichiro Koizumi stated, "Today I have received your approval to go ahead with the final compilation of the Reform Schedule and the interim compilation of the Front-Loaded Reform Program. These two stipulate concrete measures and a specific time frame for implementation based on the basic policies." The Prime Minister further stated, "I would like to boldly proceed, with the cooperation of the people of Japan, in implementing measures in accordance with the basic policies."

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