Monday, January 5, 2009
During the plenary session, Mr. Shoichi Nakagawa, Minister of Finance, delivered a speech on fiscal policy, in response to the submission of the second supplementary budget proposal of fiscal 2008. In the speech, Minister Nakagawa described economic countermeasures, including the "Countermeasures to assist people's daily lives" and the "Emergency measures to defend people's daily lives" determined on October 30 and December 19 of last year, respectively. The Minister outlined the second supplementary budget proposal of fiscal 2008, which underpins these countermeasures.
Afterwards, Minister Nakagawa delivered the fiscal policy speech during the plenary session of the House of Councillors. The Q&A session for the speech is scheduled to start on January 6.