Abenomics needs to be 'reloaded', says hard-hitting IMF report
Fund also urges Bank of Japan to put greater emphasis on achieving its 2 per cent inflation target in a stable manner
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
ABENOMICS "needs to be reloaded", the International Monetary Fund (IMF) said on Thursday in an often hard-hitting report analysing the successes and failures of the set of economic policies that bear the name of Japanese Prime Minister Shinzo Abe.
"In addition to swift implementation of already announced reforms, further high-impact structural reforms are urgently needed to lift growth, facilitate fiscal consolidation, and unburden monetary policy," the IMF said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
