Japan will continue to pursue structural reforms to ensure sustainable growth, Finance Minister Sadakazu Tanigaki said Saturday at a policy meeting of the International Monetary Fund.
In a speech delivered to the International Monetary and Financial Committee, Tanigaki said the Japanese government "intends to pursue and accelerate its structural reform efforts" to convert signs of recovery into sustainable growth.
Tanigaki also said the government will step up efforts on fiscal reform to turn around debt-ridden state finances.
"Structural reform of the fiscal sector remains as the top priority policy issue, in view of the severe fiscal situation, with the highest gross government debt to gross domestic product ratio among the major advanced economies," he said.