Prime Minister Junichiro Koizumi said Friday the government will devise measures next month to accelerate the disposal of nonperforming loans held by the nation's financial institutions.
"If bad-loan disposals remain unfinished, financial institutions will not provide lending in a productive manner," Koizumi said during a television interview at his official residence. "Thus, the government should speed up bad-loan disposals."
Fuji TV was interviewing Koizumi about how he plans to pursue his structural reform policies while fighting current economic problems, including deflation and the stock market slump.