According to an article in the 11 October edition of the Nihon Keizai Shimbun, the Takaichi Sanae (高市早苗) administration has begun to reject its previous reflationary policies and is moving toward a policy of making expansionary fiscal policy work together with institutional and regulatory reform.
The Nihon Keizai Shimbun reports that the Takaichi Sanae (高市早苗) administration has shifted toward rejecting its previous reflationary policies. This suggests that a review of the policy direction since the administration took office is under way.
The report says that the administration has indicated that institutional and regulatory reform should accompany the implementation of expansionary fiscal policy. Consideration is reportedly under way to rebuild the framework for fiscal management.
The article provides no details on the specific scale or timing of fiscal measures and says that further developments and additional reporting will be needed.