October 6, 2009 / 2:56 AM / 10 years ago

Japan's Kamei:BOJ should not mull exit policy now

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, Oct 6 (Reuters) - Japanese Financial Services Minister Shizuka Kamei said on Tuesday that now is not the time for the Bank of Japan to discuss ending support measures for corporate funding, such as purchase of commercial paper.

Kamei, a leader of a tiny coalition partner in Prime Minister Yukio Hatoyama’s government, has been pushing a controversial plan to temporarily suspend the repayment of loans by small firms and individuals, saying they are suffering from poor economic conditions. (Reporting by Noriyuki Hirata; writing by Hideyuki Sano)

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