REUTERS


 

Summary

• Nearly 2-decade-old panel warned of need for fiscal health
• Panel helped lay groundwork for debt-issuance plans
• Govt to create new panel as replacement, details undecided
• Abolishment may worry bond market given Japan's huge debt

 
Japan will abolish on Thursday a nearly two-decade-old panel consisting of academics and corporate executives that has offered long-term proposals on fixing the country's worsening finances, two government officials told Reuters.