During the meeting, Katayama outlined her country’s plan to provide financial and technical assistance to Asian countries struggling to secure oil supply. “I emphasised that the economies of Asian countries require particular attention,” she said.
Katayama said she also told the G-7 meeting that Japanese authorities are closely watching oil futures prices because they affect people’s lives and the economy.
Many central bank governors said they are taking a wait-and-see monetary policy stance, according to the Japanese finance minister.
[Copyright The Jiji Press, Ltd.]
