It is important now to re-set the fiscal path to ensure a virtuous cycle of lower borrowing rates contributing to even faster fiscal adjustment and a lower overall cost of the adjustment to society at large.
The Bank's Measures regarding the Financial System after the Full Removal of the Blanket Guarantee of Deposits  As I mentioned earlier, the financial system in Japan has been regaining stability, and the full removal of the blanket guarantee of deposits was carried out smoothly on April 1, 2005.