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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