10 September 2001, 09:07  Koizumi says to keep 30 trln yen bond limit even with extra budget - official

TOKYO (AFX-ASIA) - Prime Minister Junichiro Koizumi said he will stick to his 30 trln yen limit on new bond issuance even after his decision to launch a supplementary budget to boost the economy. Koizumi's comments were cited by New Komeito chief Takenori Kanzaki after a meeting this afternoon between the government and the leadership of the three ruling coalition parties. "The prime minister told the meeting that he will stick to his 30 trln yen bond limit in compiling the supplementary budget," Kanzaki said, adding: "Koizumi expressed concern that the economy is in an emergency situation." Liberal Democratic Party acting secretary-general Nobutaka Machimura said party officials asked the prime minister about comments by finance minister Masajuro Shiokawa at APEC that Japan will work to avoid negative growth. "Koizumi told us Shiokawa had expressed his personal view," Machimura said.

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