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Ministerial Meeting on Economic Measures

Friday, December 14, 2001


Ministerial Meeting on Economic Measures

The Ministerial Meeting on Economic Measures was held at the Prime Minister's Official Residence and the Emergency Program for Structural Reform and Global Recession was decided upon.

In light of the rapid deterioration in the economic environment following the series of terrorist attacks in the United States, this Program includes a compilation of emergency measures in order for Japan to avoid falling into a deflationary spiral while further accelerating structural reforms.

Prime Minister Junichiro Koizumi stated, "I am grateful that you have focused your efforts in such a short time and have compiled this Program. I call upon all people concerned to take vigorous action so that the effects of the program are steadily and rapidly realized."