Prime Minister Yoshiro Mori on Tuesday instructed Cabinet members in charge of the economy to quickly come up with ways to rescue the free-falling stock market, Chief Cabinet Secretary Yasuo Fukuda said.
The prime minister issued the order in a meeting at his official residence with Finance Minister Kiichi Miyazawa, Hakuo Yanagisawa, minister in charge of financial affairs, and Taro Aso, minister in charge of economic and fiscal policy, the top government spokesman said at a news conference.
A task force consisting of the economy ministers and members of the coalition parties will hold its first meeting by the end of the week at the earliest to discuss emergency economic measures, Fukuda said.