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IMF predicts that Abenomics will miss targets set

It urges Tokyo to adopt more realistic, credible goals for growth, fiscal reform and inflation

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The IMF acknowledged that Abenomics had brought tangible benefits to the world's third largest economy, but called on the Japanese government and the Bank of Japan (BOJ) to adopt more realistic, credible targets for economic growth, fiscal reform and for inflation.


THE economics policies advocated by Prime Minister Shinzo Abe will fail to hit their targets in terms of growth, inflation and fiscal consolidation within the time frames set for them, the International Monetary Fund (IMF) declared on Monday.

Urging Tokyo to be more flexible