The government and the three ruling parties compiled an additional package of antideflation measures Monday that includes tax cuts in fiscal 2002 and the creation of special deregulation zones to promote private-sector activities.
The package was agreed on at a meeting of Prime Minister Junichiro Koizumi representing the government and the Liberal Democratic Party, New Komeito leader Takenori Kanzaki and New Conservative Party chief Takeshi Noda.
The package's tax measures are centered on breaks to promote investment and corporate research and development.