A top official of the Organization for Economic Cooperation and Development on Monday urged Japan to accelerate regulatory reform to help spur economic growth led by information and communications technology.
Speaking at the National Press Club in Tokyo, OECD Secretary General Donald Johnston said the Paris-based club of 29 industrialized nations expects the Japanese economy to pick up since it bottomed out last year.
While the OECD prepares its forthcoming economic outlook on Japan, however, Johnston stressed that "regulatory reform still remains on the front burner as far as the OECD is concerned for Japan."
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