Miyazawa predicts end to recession by next winter.
TOKYO, Dec. 8 Kyodo Finance Minister Kiichi Miyazawa Miyazawa is a Japanese surname.
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Miyazawa also said he expects the government to end most of its stimulative fiscal policy with the fiscal 2000 budget, indicating that the government should shift its economic policy priority toward fiscal rehabilitation rehabilitation: see physical therapy. and away from aggressive spending in fiscal 2001.
The finance minister was speaking at a session of the House of Councillors Budget Committee.
Taichi Sakaiya, director general of the Economic Planning economic planning, control and direction of economic activity by a central public authority. In its modern usage, economic planning tends to be pitted against the laissez-faire philosophy which developed in the 18th cent. Agency, also told the session that he foresees the start of a full-scale economic recovery in the second half of fiscal 2000 which begins in April 2000.