Initially the recipient of the action, the structural changes that followed are now considered proactive. It is my hope that the government will proceed with efforts toward structural reform and that this will produce synergy effects with the structural changes already being observed in the private sector, thereby leading to a further increase in productivity and a rise in the potential growth rate. B.
Monetary Policy Supporting Changes in Japan's Economy Through its policy conduct, the Bank aims to achieve price stability and ensure the stability of the financial system, thereby contributing to the sound development of Japan's economy. As a result of the Bank's continued conduct of monetary easing based on this aim, the economy has achieved sustained growth.