It is hard to think that it will happen this week, Okada told a news conference. The ruling coalition has a majority in the upper house and could force a vote if it wanted to, but usually prefers to avoid such direct confrontation. Koizumi has made the legislation to privatise the postal delivery, savings and insurance system, including the worlds biggest bank, the centrepiece of his reform platform.
But many lawmakers in his Liberal Democratic Party (LDP), who have long relied on rural postmasters to get out the vote and on the postal savings funds to pay for public works to woo constituencies, are against the plan to split up Japan Post and sell off its shares by 2017. Koizumi lashed out against such opponents in his party, saying they were waging a campaign to oust him from power. I wont give in to efforts to topple the cabinet, and will realise privatisation ... If that is rejected that would be (a vote of) no-confidence, Koizumitold reporters.
Koizumi has vowed to have the bills passed before the parliament session ends on Aug. 13. The legislation was passed by the lower house by a slim margin of five votes last month.