Japan's Economy Minister Motegi said that the decline in GDP due to natural disasters and exports is gradually declining. His most prominent statements were as follows:
- The economy is recovering at a moderate pace.
- The Japanese economy is likely to continue to recover driven mainly by private demand
- We must be conscious of influencing the country's uncertainties, market volatility and trade concerns.
- The government should adopt flexible economic and financial policies with a focus on domestic and foreign economic developments.
- We will make maximum efforts in economic policy before raising the sales tax due next year.