NHK WORLD
Daily News
5. IMF team to visit Japan to discuss near-term risks
The International Monetary Fund's Asia and Pacific Department said it is sending a mission to Japan next week to discuss near-term risks for the country, which has been burdened by its huge public debt and a rapidly appreciating currency.
The IMF announced that its team will arrive in the country on Monday for an 8-day visit.
In a statement, Anoop Singh, director of the IMF Asia and Pacific Department, said his organization planned to discuss with the Japanese side ways to mitigate near-term risks for the economy. Topics to be brought up include the economic crisis in Europe and volatile currency markets, where the Japanese currency has appreciated significantly.
Also on the agenda are measures to combat deflation and raise potential growth through monetary policy and structural reform.
The 2 sides will also exchange views on medium-term challenges, such as how to restore Japan's fiscal health. They will also discuss the annual meetings of the IMF and World Bank to be held in Tokyo in October.
#.Back
(c)NHK