A three-year plan was launched March 31 that targets 15 industrial sectors for deregulation, including domestic airline operations, electric power retailing and digital broadcasting, government officials said.

The plan, approved at the day’s Cabinet meeting, will be implemented April 1, the first day of fiscal 1998. The government hopes the new plan, along with the 16 trillion yen worth of economy-boosting measures unveiled last week by the ruling Liberal Democratic Party, will help the ailing economy recover.

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