TOKYO (AFX-ASIA) - State Minister for Economic and Fiscal Policy Heizo Takenaka said the government should estimate additional job losses that would result from the planned economic structural reforms separately from the 100,000-200,000 forecast as a result of the government's bad-loan write-off plan.
"Last week, I estimated 100,000-200,000 jobs will be lost due to bad-loan write-offs," Takenaka told a parliamentary Upper House committee.
"Additional job losses should be discussed separately, considering how the economy moves under the structural reforms," he said. Separately, Takenaka added that he has not decided whether to participate in the upcoming Bank of Japan policy board meeting on Thursday.
"I want to decide by Wednesday," he told AFX ASIA after the Upper House meeting.