Japanese privatisation scale back gains momentum

A government bill has been passed in Japan which aims to scale back privatisation of the country’s postal system. The lower house passed the key government bill earlier this week as it seeks to scale back on the proposals which initially came about after the 2005 election.

It was carried after receiving support from the ruling coalition, and now the government intends to enact it through the House of Councillors by 16 June, end of the current Diet session.

The postal bill was put to a vote after the DPJ-led ruling camp railroaded it through the lower house Committee on General Affairs and Communications last week, according to the Associated Press.