Against this background, my view with regard to the future of this scheme was that it should continue to firmly support as broadly as possible the efforts of private financial institutions to build on their specific experience and expertise and devise their own ways to meet demand in the areas and regions they serve.
This view was shared by other members of the Policy Board, and at the MPM held on June 13 and 14, 2011 the Bank decided that it would firmly maintain its stance of supporting financial institutions’ efforts to strengthen the foundations for economic growth and take measures that would focus on boosting Japan’s growth potential even further.