Asian finance ministers warned that their economies still faced uncertainties despite signs of recovery. Their statement said: "The financial crisis in the region has abated and there are signs of a return in investor confidence... There are, however, significant risks to the outlook." The communique welcomed China's success in maintaining growth and pursuing economic reforms.
Separately, Taichi Sakaiya, head of Japan's Economic Planning Agency, said a supplementary budget to achieve growth could be an option this year. This follows a statement by Kiichi Miyazawa, finance minister, on Friday, that the government would compile a package of employment and competitiveness measures by mid-June.Reuse content