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On April 26, 2021, the Prime Minister held the fifth meeting of the Council on Economic and Fiscal Policy in 2021 at the Prime Minister’s Office.
 
At the meeting, the participants engaged in discussions on countermeasures against the declining birthrate and support for childcare as well as the Integrated Economic and Fiscal Reforms (outline and social security).

Following the discussion, the Prime Minister said,
 
 “Today, we held discussions on countermeasures against the declining birthrate, social security reforms, and other matters. We will push ahead with social security reforms that would give all people a sense of assurance, by reviewing the structure of benefits being provided mainly to the elderly and the burden being borne mainly by working generations.
 
First and foremost, in order to make strides in the long-standing issue of countermeasures against the declining birthrate, we will thoroughly implement such measures as establishing childcare facilities, expanding subsidies for fertility treatments, and promoting childcare leave for male. We will also tackle the issue of improving the employment environment, a factor pointed out to be behind the falling birthdate, by carrying out such steps as wage increases and discrepancies between permanent and non-permanent employees. In doing so, we will get rid of sectionalism among ministries and enhance support for families raising children, including addressing the issues of child abuse and child poverty.
 
In today’s discussions, it was pointed out that we should consider a framework to secure necessary medical resources in times of emergency such as the pandemic of the novel coronavirus disease (COVID-19). We will first make every possible effort to suppress the current spread of infections, and then fully consider our responses. In addition, we will swiftly utilize such data as the financial condition of medical institutions admitting COVID-19 patients and support them accordingly.
 
Regarding social security reforms, the further review of medical care for the elderly and other matters were noted. While following up on the reforms to date, we will advance discussions toward alleviating the burden on working generations and ensuring appropriate medical spending.
 
Believing in the idea that the economy is the foundation of public finance, this Cabinet will advance growth-oriented policies and revitalize the economy as well as continue the existing reform efforts without lowering the banner of realizing fiscal soundness. Going forward, we will draw up concrete measures toward the formulation of the Basic Policy (on Economic and Fiscal Management and Reform).”