Of all the governmental policy-making bodies in Japan, one of the most important and influential today is the Council on Economic and Fiscal Policy. Reporting directly to the prime minister, its members include government officials and experts on all manner of economic and fiscal policy issues.
Earlier this week, the council called on the government to create more measures to support the coronavirus-damaged economy by funding an extra budget of sufficient size. Council recommendations and decisions form the basis of the government’s mid- and long-term policies.
What is the council and who are its members?