In the joint statement with the Bank released in January 2013, the government made clear its intention to formulate measures for strengthening competitiveness and growth potential of Japan’s economy and promote them strongly, in order to revitalize the economy.
Real exports are increasing, reflecting the moderate expansion of overseas economies and the effects of the yen’s depreciation between mid-1995 and April 1997 . Real imports have also continued to increase, reflecting such elements as the rise in domestic demand.