Japan’s Suzuki: Govt continues to expect BOJ to conduct appropriate monetary policy.

The “goverment continues to expect the Bank of Japan (BOJ) to conduct appropriate monetary policy,” Japanese Finance Minister Shunichi Suzuki said on Friday.

Additional quotes

Must be mindful of adhering to fiscal discipline.

Learned lesson from british experience that once trust in fiscal management is lost, govts could come under attack from markets.

Important to consider exit strategy from fiscal stimulus in future.

Securing stable funding sources is important to increase defence budget.

Govt has topped up budget reserves in order to respond to uncertainties such as risk of global economic slowdown.

Govt, BOJ share basic stance on economy.