Business leaders on Thursday urged the new Cabinet of Prime Minister Keizo Obuchi to restore international confidence in Japan by swiftly tackling the nation's mounting economic problems.
Some businesspeople praised Obuchi's Cabinet choices as appropriate, but others said public sentiment still needs boosting and called on the government to create additional economic stimulus measures.
Takashi Imai, head of the Japan Federation of Economic Organizations (Keidanren), said he was satisfied at least with the new Cabinet picks. Those chosen for financial and economic fields have the ability to resolve the nation's difficult economic issues, he said.