In Fact, Japan Is the Undisputed "Fiscal Model Student" Among the G7 Countries; This Presents an Opportunity for Japan as It Steers Towards a Growth Path - Hideo Tamura's Economic Answers

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The Sanae Takaichi administration has begun working on the budget for the next fiscal year, which it has positioned as the "first year of responsible, proactive fiscal policy." Those who prioritize fiscal balance criticize the consumption tax cut and fiscally driven growth investments, arguing that they could worsen public finances, but they ignore the reality that Japan's finances are among the best in developed countries.