Basic Principles of FY2005 Budget Formulation (Draft)

I.	Promotion of the Japanese Economy, Finance and Structural Reforms
	(Japanese economy in FY2004 and FY2005)
	(Fiscal situation)
	(Promotion of structural reforms and the Japanese economy)
II.	Basic Concepts for the FY2005 Budget
	(Continuation of the Budget for Reform Resolution)
	(Budgetary system reform)
	(Administrative reform)
	(Tax reform)
III.	Review of Government Expenditure and Promotion of Structural Reforms
	1.	Progress and utilization of human resources-education, culture, science and technology, information technology (IT)
	2.	Attractive urban areas and local areas with their own ideas and characteristics
	3.	Measures to build a fair and secure aging society addressing the aging society and declining birthrate
	4.	Creating an environment-friendly society and economy to deal with global environmental problems
	5.	Development of social infrastructure
		(Prioritization in public investment)
		(Efficient and effective implementation of public works)
		(Strict implementation of project evaluations)
	6.	Social security system
		(Nursing care)
		(Public assistance)
	7.	Local public finances