Prime Minister Junichiro Koizumi showed signs Thursday of backpedaling on his pledge to limit fresh government bond issuance to 30 trillion yen for this fiscal year.

“It is not good to use the expression that I am sticking to it (the debt cap),” the prime minister told reporters at his official residence. “I have put my goal to within 30 trillion yen, to take necessary steps within that limit. There is no change in that goal.”

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.