Abenomics consists of audacious monetary policy, flexible fiscal expenditures, and economic growth strategies. Under the pressure from the government, The Bank of Japan announced to adjust monetary policy in January 2013. In April 2013, Haruhiko kuroda, the new Governor of BOJ, further implemented the historic breakthrough in monetary policy of"quantitative and qualitative monetary easing". In fact, in recent years, Japan has been pursuing a loose monetary policy, but it failed to get rid of the long-term deflation. As a result of powerful quantitative easing policy, Japanese yen weakened and the stock market index Nikkei jumped. However, as a result of Japan's severe fiscal situation, it is difficult to further promote the quantitative easing policy. If Abenomics could revive the Japanese economy, it still has to face many issues.