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Japan's Fujii: Agree with APEC on keeping stimulus

Thu Nov 12, 2009 7:32pm EST

(For more stories on the Japanese economy, click [ID:nECONJP]) (For full coverage of the APEC meeting, click [ID:nAPEC])

Bonds  |  Japan

TOKYO, Nov 13 (Reuters) - Japanese Finance Minister Hirohisa Fujii said on Friday he agreed with the APEC finance ministers' stance that regional economies must continue stimulus measures to support their economies.

Pacific rim ministers agreed on Thursday to stick with stimulus plans as long as it takes to achieve a sustained economic recovery, warning that unemployment is still too high and systemic barriers to new growth remain. [ID:nSP423373]

"Their view is the same as that of the G7. That is that we must continue stimulus measures as economic conditions are very unstable," Fujii told a news conference. (Reporting by Tetsushi Kajimoto)



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