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Asou Said Japan Should Take The Lead In Building A New Global Financial Mechanism.

2008/11/17 0:00:00 10250

Finance

Shandong, China, November, 17, just as Japan announced new measures to cope with the global economic crisis, Japanese Prime Minister Taro Aso proposed an ambitious plan in Washington on 15, and claimed that Japan should take the lead in establishing a new global financial mechanism.

Asou cited the G20 world leaders summit in Washington to conclude his visit to the United States.

Before the summit ended, leaders adopted an action plan.

The plan aims to boost the global recession and prevent future financial upheaval.

"I felt high expectations from all circles during the whole summit," he told reporters at a press conference 15.

He said: "the world is moving towards a new era.

Japan should take concrete actions.

We expect to continue to take the initiative to establish a new economic system that is in line with the new era.

At the G20 summit, Japan announced that Japan would provide a huge loan to IMF as a financial lifeline for the emerging countries.

It is reported that Japan also plans to invest huge sums of money to invest in the world bank's new fund to help banks in smaller emerging markets carry out internal restructuring.

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