Japanese Prime Minister Sanae Takaichi: Yesterday, Finance Minister Satsuki Katayama briefed us on the Ministry of Finance's budgeting policy. Specifically, the Ministry of Finance will adopt an unprecedentedly bold and flexible approach to introduce decisive policies. This will accurately address the current economic situation while stimulating private investment, enhancing supply capacity and revenue generation, thereby achieving economic growth. Furthermore, through the budgeting process, constructive discussions will be held regarding the cost-effectiveness of various measures to formulate a highly efficient budget. In other words, good ideas will no longer be excluded due to budget caps; instead, a new rule will apply: any good idea or policy can request the truly necessary budget amount. On the other hand, not all applications will be approved. During the budgeting process, the contribution to economic growth and the effect on private investment will be carefully examined, and the effectiveness of the policy will be thoroughly assessed. Through these measures, under the policy of "responsible and proactive fiscal policy," the government will work together to formulate a budget that both "builds a strong economy" and "ensures fiscal sustainability."
