• Kyodo News


Japan will make clear at the upcoming Group of 20 summit that it remains committed to keeping fiscal spending in place to address the global economic slump, Finance Minister Hirohisa Fujii said Friday.

Fujii said Japan will explain at the two-day summit of major developed and emerging countries that the new administration has no plans to freeze current stimulus spending but will instead identify wasteful programs in the fiscal 2009 extra budget and scrape together “several trillion yen” to fund key polices.

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