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TOKYO Aug 5 The secretary-general of Japan's
ruling Liberal Democratic Party said on Tuesday that he thought
the nation's economy had entered a recession.
"I don't feel it so much in Tokyo, but when I go to the
regions I get the feeling that the economy is in a recession,"
Taro Aso told reporters in a group interview.
Aso added that shifting the government's 2011/12 fiscal
target for achieving a "primary balance" was one option Japan
The government has aimed at getting the primary balance --
the budget balance excluding debt servicing and issuance -- into
the black in fiscal 2011/12 as part of efforts to rein in Japan's
huge fiscal deficit, which is running at roughly 1-½ times
gross domestic product.
(Reporting by Chisa Fujioka; Editing by Hugh Lawson)