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Japan: Post services 43.3bn yen in the red
Government-run postal service operations are estimated to have posted a deficit of 43.3bn yen for fiscal 2000.
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Government-run postal service operations are estimated to have posted a deficit of 43.3bn yen for fiscal 2000.
Read MoreThe head of a new advisory panel to Prime Minister Junichiro Koizumi tasked
with discussing the future of Japan’s postal services called for their privatization in the group’s inaugural meeting.
There is talk of reining in Japan’s largest and most powerful financial
institution EVER since his days as a young, wide-eyed politician, Junichiro Koizumi has wanted to privatise Japan’s powerful post office
Public Management Ministry officials are discussing the transformation of the postal service into a public corporation, set to occur in 2003, but major issues still remain unresolved.
Read MoreJapan: Post services 43.3bn yen in the red
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