Thursday, May 23, 2013

Reuters: US Dollar Report: Japan econmin Amari: 'Abenomics' proceeding smoothly

Reuters: US Dollar Report
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Japan econmin Amari: 'Abenomics' proceeding smoothly
May 24th 2013, 00:18

TOKYO | Thu May 23, 2013 8:18pm EDT

TOKYO May 24 (Reuters) - Japan's "Abenomics" economic policies are proceeding smoothly with the government determined to map out its growth strategy by midyear, Economics Minister Akira Amari said on Friday.

"The government is steadily making progress with steps to revive Japan's economy. I don't see any problems there and things are going smoothly," Amari told a news conference after a cabinet meeting. He declined to say whether Thursday's sharp fall in share prices was a temporary move.

Amari also said Bank of Japan Governor Haruhiko Kuroda was communicating well with markets to soothe volatility.

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