Key facts
- Prime Minister Sanae Takaichi will pledge a nimble response to unexpected economic and financial market developments.
- The policy speech is scheduled for October 5.
- The government will consider interest rate developments when deciding annual debt issuance size.
- The administration has ruled out compiling a supplementary budget.
Japanese Prime Minister Sanae Takaichi is set to pledge a nimble response to any unexpected developments in the economy and financial markets during a policy speech on October 5, the Nikkei newspaper reported. The speech, scheduled for the first day of an extraordinary parliamentary session, will also outline the government's approach to annual debt issuance, which will take interest rate developments into consideration. While the administration has ruled out compiling a supplementary budget, Takaichi will explain the government's strategy for responding flexibly to economic conditions. The prime minister's office was not immediately available for comment.