Japanese Finance Minister Says Remarks on Elderly Misinterpreted

Japanese Finance Minister Taro Aso said that his remarks on the elderly made earlier in the day were misinterpreted and were intended to refer to himself.

“I was not making a general comment,” on medical care for the elderly, Aso, 72, told reporters in Tokyo.

Earlier in the day, Aso indicated that the medical system shouldn’t use resources to extend the lives of elderly people, Kyodo News reported.

One in every four people in Japan will be older than 65 in 2014, according to data compiled by the U.S. Census Bureau.

To contact the reporter on this story: Mayumi Otsuma in Tokyo at motsuma@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net

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