key takeaways
- Prime Minister Takaichi Sanae has signaled that she is prepared to change budgeting – and reduce the power of the finance ministry – and she seeks to expand her government’s ability to spend on her priorities.
- Takaichi’s own ideas, the Liberal Democratic Party (LDP) right’s embrace of fiscal expansion, and broader public attitudes all suggest that the prime minister is committed to fiscal expansionism and will not be easily deterred.
Japan Foresight 