Suggestions by some U.S. officials that Japan should slacken the pace at which it implements budget austerity are understandable but go against the nation’s interests, Finance Minister Hiroshi Mitsuzuka said.

Mitsuzuka, who began his second term as finance chief after the Cabinet reshuffle, said in an interview with The Japan Times that while Tokyo’s efforts to get its fiscal house in order might be painful, they will support economic growth in the medium term.

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