From the standpoint of enhancing the growth potential of Japan’s economy, it is an extremely important challenge to make steady progress in regulatory reform to promote growth industries and in supplying risk money to them, so that seeds for growth are produced, sprout, and evolve into flourishing domestic demand. III.
The Bank of Japan’s policy measures  Next, I would like to touch on the Bank’s policy measures. As I have stated so far, in order to overcome deflationary pressures and achieve sustainable growth with price stability, it is vital to make efforts both to firmly support the recently observed upward momentum toward economic recovery and to strengthen growth potential.