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The ruling Liberal Democratic Party’s panel on administrative reform on July 7 again postponed the announcement of its reform package for governmental financial institutions, citing time-consuming negotiations with ministries and agencies.

Koko Sato, head of the panel, told reporters the announcement will be made July 11 rather than July 8. Postponements have been made a number of times since early May, when the panel originally planned to finalize the reform package. There has been strong opposition from inside the LDP and from the ministries.

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