Print

Mail

wiki links

Japanese unveil a`30-point action plan' for economy

The Japanese government's key economic panel unveiled a proposal Monday to prop up the recession-weary economy, including measures to expand the private sector by outsourcing work from the government.

The Council of Economic and Fiscal Policy, chaired by Prime Minister Junichiro Koizumi, said it aimed to develop six priority areas to revitalise the nation including human resources, technology and management resources.

It said it also hoped to boost regional economies, encourage the development of new industries and create growth opportunities through globalisation.

"We must expand the private sector by shifting the backbone of economic activities from the public sector to the private sector," the panel said in its proposal, which will now be discussed by other government groups.

Under the 30-point action plan, the panel suggested giving greater autonomy to public universities to increase their international competitiveness and improve the nation's higher education.
This story has been viewed 2298 times.