IMF Urges Japan to Cut Deficit for Fiscal Stability

Reported about 8 hours ago

The International Monetary Fund warns that Japan needs to take urgent action to reduce its deficit to improve fiscal health and prepare for increasing social security costs and natural disaster risks. With the nation's public debt already at the highest level among developed countries, the IMF projects a slight widening of Japan's primary deficit. They stress the importance of fiscal consolidation and prudent monetary policy to navigate economic challenges ahead.

Source: YAHOO

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