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After months of wrangling, a special task force of the ruling Liberal Democratic Party announced July 11 its final plan to streamline government-affiliated financial institutions, including abolition of the Japan Development Bank in 1999.

The LDP panel’s report also calls for a merger of the Export-Import Bank of Japan and the Overseas Economic Cooperation Fund, but it drops an earlier plan to privatize the Central Bank for Commercial and Industrial Cooperatives.

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