US President George W. Bush said on Wednesday that his government still adheres to the strong-dollar policy.

"The policy of my government is a strong-dollar policy," Bush said while meeting with Italian Prime Minister Silvio Berlusconi in the White House.

He said that his administration will work with the US Congress to reduce the United States' huge deficits to assure markets that his administration supports a strong dollar.

"The best thing we can do from the executive branch of government in America" is work with the Congress to deal with the huge US deficits, he said. "One deficit is a short-term budget deficit. Another deficit is the unfunded liabilities that come with Social Security and some of the health programs for the elderly."

"We're going to take this issue on seriously with the Congress, " the US president said.

The value of US dollar has been declining since early 2002 although the Bush administration has repeated again and again that it adheres to the "strong dollar" policy. The Bush administration has not taken any action to prop up the dollar in the past four years.

Source:Xinhua