Lofty goals indeed for the Japanese government's fiscal reform blueprint.

  • will strive for fiscal reform, take flexible economic policy 'without hesitation'
  • hopes BOJ achieves 2% inflation target with eye on economic, price, financial developments
  • will seek to bring economy back to pre-covid levels with 'determination' to avert return to deflation
  • to aim to achieve private demand-driven economic recovery by prodding firms to boost productivity, raise wages
  • to promote green, digital investment by attracting private demand
  • fiscal blueprint to include mention of Japan's primary balance target, exact wording still under discussion