Japan has drafted a blueprint targeting annual real GDP growth of more than 1%
and nominal growth of 3% by 2040, roughly double its five-year average. The plan
cumulative public and private investment projects above ¥370 trillion (about
$2.29 trillion) by FY2040, an annual private-sector capex target of about ¥230
trillion and a GDP level near ¥1,100 trillion. The blueprint centers on
strategic public‑private partnerships and directed support for industries the
government views as critical to long-term competitiveness to address chronic
underinvestment. The government urged the Bank of Japan to maintain
growth‑friendly interest‑rate settings, signaling a preference for lower
financing costs and raising the prospect of policy friction as the BOJ
cautiously withdraws from ultra‑loose policy.
