TOKYO, Oct. 16 (Kyodo) - Bank of Japan (BOJ) Governor Masaru Hayami said Tuesday that the government may sell its assets to finance measures to promote economic structural reform if the government tries to limit the new issuance of government bonds. "Fiscal spending may be necessary until the government's economic structural reform produces tangible results," Hayami told a press conference. "Increasing government bond issuance will mean leaving debts to the next generation...so the government may sell its assets to carry out fiscal spending," he said. He said such a method was taken by former British Prime Minister Margaret Thatcher in her economic reform efforts. Hayami said he came up with the idea at talks with his Group of Seven (G-7) counterparts at a G-7 meeting on Oct. 6 in Washington. The G-7 countries -- Britain, Canada, France, Germany, Italy, Japan and the United States -- focused their discussion on measures to block the flow of funds to terrorists in the wake of the Sept. 11 terrorist attacks on the U.S. and cooperation to prevent a global economic recession. Hayami said Japan's G-7 partners were interested more in Japan's efforts to dispose of nonperforming loans at banks than its economic situation and foreign exchange.