The government is discussing welfare and stimulus measures aimed at promoting economic growth ahead of the Group of Seven summit in May.
"It is extremely important to present a solid road map toward achieving the ¥600 trillion economy," when the G-7 economies are being looked to for strong commitment and policy coordination amid an uncertain economic outlook, Prime Minister Shinzo Abe said.
At a meeting of the Council on Economic and Fiscal Policy on Monday, the prime minister instructed ministers to formulate "bold and convincing measures" to be included in a fiscal and economic blueprint to be compiled in or around June.