TOKYO (AFX-ASIA) - Finance Minister Masajuro Shiokawa said the government may work out the economic growth forecasts for the years to March 2002 and 2003 around mid-December. "The government will decide the economic forecasts as well as the mid-term spending and revenue outlook at around mid-December, or possibly late December," Shiokawa told a regular briefing. "Anyway, we will decide before next fiscal year's budget plan is endorsed by the Cabinet." Shiokawa said the government will outline "mid-term policy measures by piecing together the fiscal conditions and the timetable for deregulation and administrative reforms," including government-linked corporations. "We plan to determine what further action should be taken after gauging the outlook for the economy and the government's fiscal condition next fiscal year and beyond," he said. "We will aim to create a smaller government under the mid-term fiscal outlook," he added.