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Japan’s Goto: Eight economists will join sessions of economic council for policy discussions

Japan Economy Minister Shigeyuki Goto announced on Friday that eight economists are expected to join the upcoming special sessions of the council on economic and fiscal policy to discuss longer-term macroeconomic policies.

Additional takeaways

To attend World Economic Forum annual meeting in Davos, to explain Japan’s economic, fiscal policies.

Polices that are not extension of exisitng measures are required amid factors like global economic slowdown, Russia’s invasion of Ukraine.

Not planning to discuss BoJ’s exit strategy, when asked about whether special sessions would also consider monetary policy measures.

Don’t think CEFP members will discuss a new govt-BoJ policy accord at least under current regime.

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