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Council on Economic and Fiscal Policy

The Council on Economic and Fiscal Policy was established in the Cabinet Office as part of the reorganization of central government ministries on January 6, 2001, with the purpose of fully demonstrating the leadership of the Prime Minister, while reflecting the opinions of private sector experts in policy formation with regard to economic and fiscal policy.

The specific role of the Council is to conduct studies and deliberations and to present reports and opinions with respect to the following:

  • Important matters concerning economic and fiscal policy such as basic policy for overall economic management, fundamentals for fiscal management, guidelines for budget formulation in response to the inquiries of the Prime Minister; and
  • Important matters relating to economic and fiscal policy such as the National Comprehensive Development Plan with a view to ensure the coherency and consistency of policy in terms of the overall economy in response to the inquiries of the Prime Minister and relevant ministers.
In general, these reports are approved by the Cabinet and become basic policies of the Cabinet.


Foundation

Cabinet Office Establishment Law (Law No.89 of 1999)
Council on Economic and Fiscal Policy Ordinance (Government Ordinance No. 257 of 2000)


Members


Major Reports

June 4, 2004Basic Policies for Economic and Fiscal Management and Structural Reform 2004
June 27, 2003Basic Policies for Economic and Fiscal Management and Structural Reform 2003 (Summary)
October 30, 2002Comprehensive Measures to Accelerate Reforms [Full Document / Summary]
Program for Financial Revival
June 21, 2002Basic Policies for Economic and Fiscal Policy Management and Structural Reform 2002 (Summary)
February 27, 2002Emergency Countermeasures to Deflation
January 18, 2002Structural Reform and Medium-Term Economic and Fiscal Perspectives (Summary)
December 14, 2001Immediate Action Program for Structural Reform (Summary)
December 4, 2001Guidelines for Formulation of the FY2002 Budget (Summary)
October 26, 2001Front-Loaded Reform Program (Summary)
September 21, 2001Reform Schedule
June 21, 2001Structural Reform of the Japanese Economy: Basic Policies for Macroeconomic Management (Summary)

Related Cabinet Decisions

January 24, 2003Reform and Perspectives - FY2002 Revision[HTML / PDF]
November 29, 2002Guidelines for Formulation of the FY2003 Budget
June 25, 2002Basic Policies for Economic and Fiscal Policy Management and Structural Reform 2002 (Summary)
January 25, 2002Structural Reform and Medium-Term Economic and Fiscal Perspectives (Summary)
December 4, 2001Guidelines for Formulation of the FY2002 Budget (Summary)
June 26, 2001Structural Reform of the Japanese Economy: Basic Policies for Macroeconomic Management (Summary)

Link: Council on Economic and Fiscal Policy (Cabinet Office homepage)

Contact Details
Staff of Director General for Economic and Fiscal Management,
Cabinet Office
3-1-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8970, Japan
TEL +81-3-5253-2111