13 September 2001, 09:30  Fukuda - Japan will not change 30 trln yen bond limit despite US attacks

TOKYO (AFX-ASIA) - Cabinet Secretary Yasuo Fukuda said the government will not change its 30 trln yen limit on new bond issuance even after the terrorist attack on the US. "We are not considering changing the 30 trln yen bond-limit policy because we view this as a means to reform the economy and fiscal structure," Fukuda told a regular press briefing. "We believe maintaining the limit and the structural reforms will contribute to the world economy," Fukuda said. "The Japanese stockmarket seems to be recovering stability. I think it is too early to predict whether the decline in the market will continue in the future," he said. Prime Minister Junichiro Koizumi is keeping in close contact with world leaders, Fukuda said, adding that "G7 member countries are ready to cooperate to protect the world's free economies."

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