The Bank will continue to exert its utmost efforts as the central bank to facilitate the return of the Japanese economy to a sustainable growth path with price stability. Closing remarks: medium- to long-term issues that the Japanese economy faces In closing my speech, I would like to touch upon medium- to long-term issues that the Japanese economy faces.
For the Japanese economy to attain growth that raises people's standard of living amid drastic changes in the world economy, Japanese firms need to address medium- to longterm changes in the world economic environment. I would like to point out three key changes. The first change, potentially, is a decline in the sustainable growth rate of the world economy.