Boeing Commercial Airplanes vice president of marketing Randy Tinseth said:“China's continuous economic growth, significant investment in infrastructure, growing middle-class and evolving airline business models support this long-term outlook.
In this regard, the joint statement has profound significance in showing that the government and the Bank have clearly acknowledged each other's roles and that they will work together to overcome deflation and achieve sustainable economic growth.
According to the joint statement released by the government and the Bank, they will strengthen their policy coordination and work together in order to overcome deflation early and achieve sustainable economic growth with price stability.
What is important for sustainable economic recovery and price stability is a wage increase that is in line with growth in labor productivity; furthermore, from a longer-term perspective, such an increase relies on firms' stance toward business fixed investment.
Meanwhile, one member said that it was important that the significance of the joint statement of the government and the Bank-- in which their respective roles in overcoming deflation and achieving sustainable economic growth were described-- be confirmed at the start of the new term of the Governor and Deputy Governors of the Bank.
Moreover, in order to achieve sustainable economic growth, I think that efforts such as the following are also essential; namely, the government's promotion of a growth strategy and structural reforms, and the private sector's innovations in areas including human resource development as well as research and development.
At the same time, the government and the Bank released a joint statement, in which they emphasized their policy coordination. I view this as extremely important, because it indicated the determination by the government and the Bank to work together in order to overcome deflation and achieve sustainable economic growth.
The project is expected to improve the lives of underprivileged people, and provide fundamental financial support to small enterprises, leading to the realization of sustainable economic growth through the increase in personal consumption and the creation of job opportunities.
Of particular significance is the joint statement released this January, in which the government and the Bank clearly set their respective tasks and announced their determination to accomplish those tasks with responsibility. This marks a significant step toward overcoming deflation and achieving sustainable economic growth.
In addition to this project, JICA comprehensively supports the development of transportation infrastructure, including railways and arterial roads, to extend the growth in Yangon throughout the country, and contributes to sustainable economic growth in Myanmar as a whole.
The Bank also announced strengthening of policy coordination with the government by releasing a joint statement, and the two entities have been working together to overcome deflation early and achieve sustainable economic growth with price stability.
As I mentioned at the outset, at the Monetary Policy Meeting last week, the Bank took additional steps to provide monetary accommodation decisively toward overcoming deflation as early as possible and achieving sustainable economic growth with price stability.
But through efforts in seeking new initiatives to revitalize the economy, the Japanese service sector has gained significant attention recently and is now considered as one of the key drivers for sustainable economic growth in Japan.
All the more so in these times of heightened uncertainty, in order to part with deflation and attain sustainable economic growth, the most important priority is to remove people's uncertainties about the future and stimulate demand and investment. Creating new markets and enhancing productivity by promoting innovation is also required.
Under such circumstances, the country when the fiscal 27 year budgeting, in order to achieve a balance of"economic recovery and fiscal consolidation, including not without mandatory spending only discretionary spending, bold without providing the sanctuary to review the expenditures, and maximum reduction of waste, improve the prioritization of measures to promote the sustainable economic growth led by private-sector demand.
We also agreed that further Soviet decisions to introduce more radical steps toward a market-oriented economy, to shift resources substantially away from the military sector and to cut support to nations promoting regional conflict will all improve the prospect for meaningful and sustained economic assistance.
From"Joint Statement of the Government and the Bank of Japan on Overcoming Deflation and Achieving Sustainable Economic Growth," released on January 22, 2013. What is important here is that the 2 percent price stability target is set based on the recognition that the inflation rate consistent with sustainable price stability will rise along with the enhancement of competitiveness and growth potential of Japan's economy.
With regard to the field of development cooperation, Prime Minister Abe welcomed the exchange of notes on grant aid for improving health and medical care services(Economic and Social Development Program), and the signing of a grant agreement on grant aid for the"Project for Procurement of Dredging Equipment for Paraguay River", and he explained that Japan will continue to support disparity reduction and sustainable economic development in the future.
English
中文
عربى
Български
বাংলা
Český
Dansk
Deutsch
Ελληνικά
Español
Suomi
Français
עִברִית
हिंदी
Hrvatski
Magyar
Bahasa indonesia
Italiano
Қазақ
한국어
മലയാളം
मराठी
Bahasa malay
Nederlands
Norsk
Polski
Português
Română
Русский
Slovenský
Slovenski
Српски
Svenska
தமிழ்
తెలుగు
ไทย
Tagalog
Turkce
Українська
اردو
Tiếng việt