Japan does not intend to change course on its fiscal reconsolidation policy just because of foreign pressure to boost domestic demand, a senior Finance Ministry official said Sept. 16.

The issue of reducing its huge fiscal deficit is of the greatest importance for the government, and its basic position is that no measures should be taken to undermine this effort, the official said. “The era in which this country does something due to external pressure is over, and if it is not yet finished, I’d like to put an end to it (this time around)” he said, on condition of anonymity.

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