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Ottawa, July 3, 1998
1998-064

Finance Minister Comments on Japanese Stabilization Plan

Finance Minister Paul Martin issued the following statement today:

"I welcome the financial sector stabilization plan announced earlier this week in Tokyo. The plan is an important step in strengthening the Japanese financial sector and, when combined with other plans to deregulate and improve supervision in the banking sector, should contribute towards improving credibility with financial markets."

___________________
For further information:

Joy Kane
International Trade and Finance
(613) 992-6985
Nathalie Gauthier
Press secretary
(613) 996-7861

Last Updated: 2004-07-15

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