TOKYO (AFX-ASIA) - The health and welfare ministry said it targets an allocation of 24 pct of total state pension funds of 35.5 trln yen in the next fiscal year for domestic equities. The total figure includes 9 trln yen in new funds for the year. The percentage figure allocated to domestic stocks compares with a target of 26 pct for the current fiscal year. The ministry added that it aims to invest next fiscal year some 51 pct of the total funds in domestic bonds, 8 pct in foreign bonds, 14 pct in foreign equities and 3 pct in short-term instruments. This compares with 52 pct in domestic bonds, 6 pct in foreign bonds, and 14 pct in foreign equities projected for the current fiscal year. "All members of the social welfare council meeting agreed not to use pension funds to specially boost stock prices," a senior official from the health and welfare ministry said.