Home > News > Press Conference by the Chief Cabinet Secretary > October 2012 > Thursday, October 11, 2012 (AM)
Thursday, October 11, 2012 (AM)
Press Conference by the Chief Cabinet Secretary (Excerpt)
[Provisional Translation]
Q&As
- This fiscal year's supplementary budget
- Japan-China relations (Chinese financial authority's absence from the Annual Meetings of the International Monetary Fund and the World Bank Group in Tokyo)
(Abridged)
REPORTER: I would like to ask a question in relation to this fiscal year's supplementary budget. It has been speculated that the supplementary budget will not be submitted to the extraordinary session of the Diet. What are the Government's plans in relation to the supplementary budget?
CHIEF CABINET SECRETARY FUJIMURA: I have spoken about this a few times previously but the compilation of the supplementary budget is determined based on the state of the economy and finances in order to make the most appropriate decisions for the time. As of now, we have not made it to the stage where we can answer questions on the supplementary budget, including whether it will or will not be submitted.
REPORTER: I would like to ask a question in relation to the IMF Meeting. The Chinese Foreign Ministry's deputy spokesperson has clearly stated that Chinese financial authorities will not attend the meeting as a reaction to the nationalization of the Senkaku Islands by Japan. How does the Government view this?
CHIEF CABINET SECRETARY FUJIMURA: I do not believe these are the official words of the Chinese Foreign Ministry. If you had read it carefully, you would have known. The Annual Meetings of the International Monetary Fund and the World Bank Group in Tokyo is a very important international meeting. Therefore, it is regrettable that the Chinese delegates from the Financial Authority are not attending the meetings. However, I believe that other delegates representing China are participating. Regardless of the attendees, economic relations between Japan and China are very important as these two countries have the world's second and third largest economies by GDP. Therefore, it does not make any difference to our stance of focusing on the big picture with regard to our communication with China.
