The Group of Seven financial leaders will urge Japan to make further efforts to achieve economic recovery led by expanded domestic demand when they meet in Fukuoka on Saturday, U.S. Treasury Secretary Lawrence Summers suggested Wednesday.
"As we have said on many occasions, the achievement of sustained domestic demand-led growth is an absolute, crucial priority for Japan," Summers said of the upcoming meeting of G7 finance ministers in Fukuoka.
"We believe that it is appropriate that the Japanese government continue to maintain that priority," Summers told reporters at the United Nations headquarters.
The G7 meeting will be held as a prelude to the Group of Eight summit in Okinawa.