Chairman Mitarai's comment at his press conference

September 20, 2007

Following is the gist of remarks made by Chairman Mitarai at his Press Conference. Translation is rush and tentative, and sequence of the gist does not necessarily coincide with words delivered.

( LDP Presidential Race )

The name of the game is not the game of the name. Policy is what mostly people need and want to hear from the two candidates.
Japan is faced with quite a lot of important and tough challenges such as drastic reform of finance, tax and social welfare system all together. The candidates need to debate on these key issues in the race. National interest and happiness of the people should never be left behind.

( Public Pension System )

Now everybody talks about the pension system with fears in town. The Japanese public pension system is dying with a series of pension scandals. The ruling and opposite parties are required to have serious discussions on rebuilding of the system. The system should be reformed into a more sustainable and reliable one. In the process of the discussion, it is worth considering if the basic pension part can be maintained mainly with tax revenue.

( Public Finance )

Realization of the primary surplus in the public finance by the fiscal year 2011 is an official commitment. Retreat is unthinkable.


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