In recent years, there have been successive natural disasters in Japan.2 At the end of last year, the government formulated the economic measures for the first time since 2016, with the aim of overcoming natural disasters and downside risks to economic activity and of providing people with a sense of security for the future.
Owing to the implementation of various measures in this economic package, government spending, such as on public construction, is expected to continue increasing for the time being (Chart 6).