| 1.The Mission of the Ministry of Finance Maintain a stable, yet dynamic economy and a peaceful and prosperous society by managing the overall national finances through efficient and transparent administration in the interests of the people as taxpayers, and promote the sustainable growth of the world economy. 2.General Goals Maintain confidence in the nation’s currency, maintain a stable, yet dynamic economy and a peaceful and prosperous society, and promote the sustainable growth of the world economy. General Goal 1. In the difficult economic fiscal conditions that Japan currently faces, under the policies entitled "immediate economic stimulus" and "medium-term fiscal reconstruction", work towards economic recovery is according to the top priority for the time being. And pursue fiscal consolidation under the current fiscal goals, “achieve a surplus in the primary balance for the central and local governments combined by FY2011”, while placing top priority on achieving economic recovery. Furthermore, efforts should be made to aim to reduce the debt-to-GDP ratio of central and local governments in a stable manner by the mid-2010s. Therefore, with a view to achieving “The Medium-term Program for Establishing a Sustainable Social Security System and Securing Its Stable Revenue Sources” etc, efforts should be made toward implementing reform of revenues and expenditures. General Goal 2. A tax system capable of supporting the security of the people, enhancing socioeconomic vitalization, gaining the trust of the people and taxpayers in response to socioeconomic structural changes―such as the declining birthrate, aging population and internationalization―and fiscal conditions should be established. And efforts should be promoted toward a fundamental reform of the tax system, including that of the consumption tax, in order to fulfill our medium term responsibilities relating to fiscal policy and to extend to the public a stronger sense of safety regarding the social security system. General Goal 3. Under the goal of reducing the national government asset size/GDP ratio to half by the end of FY2015 with a view to achieving “a lean and efficient government”, using the know-how of the private sector, the management of national government assets and liabilities is to be reinforced. To this end, adequate implementation of FILP (Fiscal Investment and Loan Program) through improving prioritization and efficiency is to be achieved, in addition to the sale and effective utilization of national property. General Goal 4. By appropriately ascertaining the current situation of the financial system, an appropriate financial safety net able to respond promptly and accurately to financial crises must be devised and activated with the aim of guaranteeing the stability of the financial system in cooperation with related organizations. Also, the currency system must be operated in an appropriate fashion through correct ascertainment of the state of currency flow and smooth supplying of optimum currency. General Goal 5. In order to contribute to the sound growth of the Japanese economy, efforts should be made for sustainable development of the world economy, stability in international financial systems and development of strengthened systems to achieve such stability, strengthened regional cooperation in Asia, economic and social development in developing countries, and orderly development of international trade through active engagement in international cooperation in regards to global issues. General Goal 6. In pursuing the above-mentioned overall goals from 1 through 5, appropriate fiscal and economic management in cooperation with related organizations should be ensured through the ceaseless implementation of fiscal and economic structural reforms and policies aimed at contributing to the realization of sustainable private-sector-led growth. 3.Policy Goals Policy Goal 1: Maintain stable public finance. 1-1 Improve the efficiency and quality of public finance through prioritized allocations of budget. 1-2 Maintain necessary government revenue. 1-3 Maintain the proper enforcement of the budget. 1-4 Disclose the information of the nation’s fiscal conditions accurately by compiling the settlement of accounts. 1-5 Appropriately implement the operations for revenue and expenditure of the local governments and for the fiscal transfer between the national and local governments. 1-6 Establish and properly operate the fair, efficient, and transparent systems of public finance and accounting. Policy Goal 2: Realize fair and equitable taxation. 2-1 A tax system capable of supporting the security of the people, enhancing socioeconomic vitalization, gaining the trust of the people and taxpayers in accordance with the basic taxation principles should be established. 2-2 Assess and collect national taxes fairly and equitably. 2-3 Promote the sound development of the alcoholic beverage industry. 2-4 Ensure the appropriate management of certified public tax accountants’ operations. Policy Goal 3: Appropriate management of national government assets and liabilities. 3-1 Ensure the fund allocations of the FILP (Fiscal Investment and Loan Program) to the FILP agencies to carry out projects necessary for the purpose of the FILP, improve the prioritization and efficiency of its fund supply, and disclose information thoroughly 3-2 Manage and dispose the national property efficiently and appropriately, and utilize electronic data processing system for keeping up on the current conditions of the national property accurately and improving the disclosure of information. 3-3 To make further efforts to use of government buildings and housing for central government officials effectively. 3-4 Manage the treasury cash efficiently and accurately. 3-5 Ensure smooth and stable financing and minimize medium-to long-term financing costs. Policy Goal 4: Maintain credit to the nation’s currency and credit. 4-1 Ensure the smooth supply of the bank of Japan notes and the coins, and suppress the counterfeit or altered currency. 4-2 Set up and operate an appropriate financial safety net, and respond promptly and accurately to financial crises. Policy Goal 5: Maintain trade order and promote the sound development of trade. 5-1 An appropriate tariff rate must be implemented, together with improvements to the customs system and other measures that take into account domestic and international economic conditions. 5-2 The multilateral trading system must be strengthened and economic partnerships and international harmonization of customs procedures, etc. in customs field must be promoted. 5-3 It is necessary that customs duties be properly imposed and collected, smuggling of illegal drugs, firearms, and other anti-social contrabands be prevented, and convenience in customs procedures be improved. Policy Goal 6: Promote stable and sound development of the international financial system and economic and social development in developing countries. 6-1 Stability in foreign exchange markets must be ensured, and systems to stabilize international financial systems must be strengthened and the appropriate operation thereof be ensured. 6-2 Promote a wide variety of international cooperation, including financial support and technical assistance, to help developing countries stably develop their economy and society. Policy Goal 7~11: Ensure the appropriate management of corporations, operation, etc. under the jurisdiction of the Ministry of Finance. 7-1 Appropriate and efficient management of government financial institutions, etc. must be ensured. 8-1 Manage the sound operations of the earthquake reinsurance. 9-1 Create and manage the stable and efficient national public service personnel mutual AID system, etc. 10-1 Ensure the appropriate management of the operations and organization of the Bank of Japan. 11-1 Promote the sound progress of the tobacco and salt industries, and ensure their appropriate management. 4.Organizational and Operational Principles 1 Fulfill its functions of policy planning and coordination. 2 Develop and maintain highly professional, capable and principled human resources. 3 Provide and disclose information to the people and the market and collect opinions. 4 Promote information and communications technology in the administration towards the realization of the "electronic government". 5 Ensure effective and efficient organizational management through steady policy evaluation, etc. |