IMF urges Abenomics ‘reload’ as BoJ struggles
Fund tells Japanese authorities to be clearer and more systematic in setting policy
The International Monetary Fund called on the Japanese government to launch a comprehensive "policy upgrade" on August 2, aimed at tackling rising uncertainty and supporting the Bank of Japan's efforts to raise inflation.
On the same day that the IMF's Article IV report was published, prime minister Shinzo Abe unveiled ¥4.5 trillion ($44 billion) in additional spending, much of it targeted at infrastructure.
More than three years after the launch of 'Abenomics', Japan's economy continues to
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