Tanigaki says Japan able to withstand oil impact

Japanese Finance Minister Sadakazu Tanigaki, who was re-appointed on Monday 27 September in a reshuffle, has expressed confidence that Japan's economic recovery will not be impacted much by surging global oil prices.

"In this respect, I think Japan is among the best in the world" in staving off damage from high energy costs, Tanigaki said.

However, Japan must "carefully monitor" a gap that could grow between the oil producers and consumers in developing countries and its impact on the global

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: