The Japanese government's top economic policy panel on Monday held its first round of special sessions that will discuss the medium-to-long term direction of fiscal and monetary policies, including the pros and cons of 'Abenomics'.
A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai/FilesSpeculation lingers that govt, BOJ to review 2013 policy accord
Japan pursued a reflationary policy led by monetary stimulus under former premier Shinzo Abe which has helped pull the world's No. 3 economy out of 15 years of deflation. The sessions will be held several more times to reflect the debates on the government's annual economic policy blueprint, due out in June.
The sessions do not intend to discuss the Bank of Japan's exit strategy or draft new policy objectives to review a 2013 written mission statement between the government and the central bank, Cabinet Office officials said.
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