Treasury Secretary Robert E. Rubin today praised the Japanese government's announced $127 billion economic stimulus package, but urged it to do more.
The policy measures ``are positive steps,'' Mr. Rubin said in a statement.
``We hope the government will put these measures in place quickly and effectively and move forward with further actions, including measures to strengthen Japan's financial system and open and deregulate its economy, to help establish a sound basis for long-lasting, domestic-demand-led growth,'' the statement said.