Top White House economic adviser Lawrence Lindsey urged Japan on Wednesday to improve its use of fiscal revenues in carrying out structural reforms.
Lindsey made the request during a meeting with the secretaries general of Japan's three ruling parties -- Taku Yamasaki of the Liberal Democratic Party, Tetsuzo Fuyushiba of New Komeito and Takeshi Noda of the New Conservative Party.
Lindsey maintained that Japan should focus the use of government funds on quality, not quantity, in order to promote structural reform, the three told a news conference.
Structural reform will be retarded if the money is used to rescue firms that should go bankrupt, Lindsey was quoted as saying.