Japan's various economic chiefs were to meet Wednesday evening to discuss tax reforms, including tax cuts, according to Chief Cabinet Secretary Yasuo Fukuda.

The participants are expected to include Fukuda; Finance Minister Masajuro Shiokawa; Heizo Takenaka, economic and fiscal policy minister; Takeo Hiranuma, minister of economy, trade and industry; and Toranosuke Katayama, minister of public management, home affairs, posts and telecommunications.

"I believe (Prime Minister Junichiro Koizumi) will issue some sort of instructions," Fukuda, the top government spokesman, told a news conference Tuesday.