» According to the IMF, Japan's financial recovery strategies are needed
According to the IMF, Japan's financial recovery strategies are needed
A senior IMF official warned Japan about the need to implement a strategy to improve the financial health and increase support for the private sector in its financial policy.
First Deputy Managing Director David Lipton said this to journalists on Friday in Tokyo. He was in Japan for the regular inspection by the International Monetary Fund.
Lipton said the economic policy of the Japanese Prime Minister Shinzo Abe, dubbed "abenomika" had a promising start. However, he said, in the long term may be significant risks.
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| Tags: IMF, economic policy, Finance, private sector, abenomics, fiscal policy
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