Takaichi government targets ¥370 trillion in public and private investment while affirming Bank of Japan independence
TOKYO, July 22, 2026 — Japanese Prime Minister Sanae Takaichi’s government has finalized its first major economic-policy roadmap, setting ambitious investment targets while attempting to calm concerns about rising public debt and possible political pressure on the Bank of Japan.
The plan seeks to mobilize more than ¥370 trillion—approximately US$2.28 trillion—in combined public and private investment by fiscal 2040. It identifies strategic industries and growth sectors intended to strengthen productivity, economic security and Japan’s long-term competitiveness.
The annou…
