Council on Economic and Fiscal Policy

I. Roles of the Council

i)  In response to inquiries by the Prime Minister, carrying out surveys and discussions on important economic and fiscal policies (e.g. Basic Policies for Economic and Fiscal Management and Reform, Basic Principles of Budget Formulation).
ii)  In compliance with inquiries by the Prime Minister and/or responsible ministers, examining and ensuring consistency among important economic policies.
iii) Advising the Prime Minister on the above issues.

II. Meetings

III. Members

Chair SUGA Yoshihide Prime Minister
Members ASO Taro Deputy Prime Minister, Minister of Finance
KATO Katsunobu Chief Cabinet Secretary
NISHIMURA Yasutoshi Minister of State for Economic and Fiscal Policy,
Minister in charge of Economic Revitalization
TAKEDA Ryota Minister for Internal Affairs and Communications
KAJIYAMA Hiroshi Minister of Economy, Trade and Industry
KURODA Haruhiko Governor of the Bank of Japan
Experts(4) TAKEMORI Shumpei Chairman, Mitsubishi UFJ Research & Consulting Co., Ltd.
NAKANISHI Hiroaki Chairman of the Board and Executive Officer, Hitachi, Ltd.
NIINAMI Takeshi President & Chief Executive Officer, Member of the Board,
Representative Director, Suntory Holdings Limited
YANAGAWA Noriyuki Professor, Graduate School of Economics, The University of Tokyo

IV. Archives(2001-2009)

V. Related Documents

VI. Associated committees

Committee for Promoting the Integrated Economic and Fiscal Reforms

Roles

The committee promotes the following initiatives and reports to the CEFP:
i)  Based on "The Economic and Fiscal Revitalization Action Program" (Decision by the CEFP on December 24, 2015), the committee promotes "Reform with Innovation"(i.e. "Industrialization in public-related services", "Incentive reforms" and "Innovation in public services"), manages the progress of policies and steadily implements the PDCA cycle every fiscal year during the planed period in cooperation with related central government offices and the budget authority. In addition, it reflects the results of the checks and assesses on the subsequent reform.
ii)  The committee gives guidance and advise related central government offices and Cabinet Office on thorough and further "visualization"
iii) The committee implements the PDCA cycle, changing the budget in "wise spending" manner, quantitatively figuring out and analyzing the outcome of the reforms. The committee conducts an interim assessment of the Integrated Economic and Fiscal Reforms in FY2018.

Members

  AKAI Nobuo Professor, Osaka School of International Public Policy, Osaka University
ITO Yukiko Associate Professor, Department of Economics,
Faculty of Humanities and Social Sciences, Tokyo Gakugei University
OHASHI Hiroshi Professor, Graduate School of Economics, The University of Tokyo
SATO Motohiro Professor, Faculty of Economics, School of International and Public Policy,
Hitotsubashi University
SUZUKI Hitoshi Chief Researcher, Head of Public Policy Team,
Daiwa Institute of Research Ltd.
TAKEMORI Shumpei Chairman, Mitsubishi UFJ Research & Consulting Co., Ltd.
NAKANISHI Hiroaki Chairman of the Board and Executive Officer, Hitachi, Ltd.
Chair NIINAMI Takeshi President & Chief Executive Officer, Member of the Board,
Representative Director, Suntory Holdings Limited
  HATO Eiji Professor, School of Engineering, The University of Tokyo
FURUI Yuji Assistant Professor, UTokyo Policy Alternatives Research Institute,
The University of Tokyo
HOSHI Takeo Professor, Graduate School of Economics, The University of Tokyo
MAKINO Mitsuo Mayor of Iida City, Nagano Prefecture
MATSUDA Shinya Professor, School of Medicine,
University of Occupational and Environmental Health
YANAGAWA Noriyuki Professor, Graduate School of Economics, The University of Tokyo