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Interview: Japan Economy Minister Akira Amari

Bareksa15 Juli 2014
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Interview: Japan Economy Minister Akira Amari
In an exclusive interview with Reuters' Yonggi Kang, the overseer of Japan's economic revitalization plans discusses the government's timetable for corporate tax cuts and exiting a deflationary slump. (REUTERS)

The Bank of Japan is aiming to achieve 2% inflation in about 2 years.

Bareksa.com - Japan growth policies have a set schedule outlining what to do each year, and to what extent. And there's also a framework to check their progress once a year. And if the progress is looking unsatisfactory, the minister in charge must find out the cause and present solutions. That's the first point. The second important point is, the minister is also responsible for coming up with additional measures if necessary. Prime Minister Abe will give instructions and he'll say it's good if the targets are met. But he can also tell ministers to study what more the government can do to achieve its policy goals. That's the framework we have in place. (Source : Reuters)

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