Shiokawa - Need to consider money printing issue

JAPAN - Japanese Finance Minister Masajuro Shiokawa said Tuesday the government needs to examine various aspects of the idea of printing more money to stem deflation.

"The idea itself is interesting. But it needs to be studied from the viewpoint of law and credibility of the currency," Shiokawa told a regular press conference.

The New Komeito Party, a junior partner in the ruling coalition, has proposed the idea as a tool to stem price falls.

New Komeito Secretary-general Tetsuzo Fuyushiba raise