
TOKYO -- Japan's policy response to the pandemic has been "exceptionally strong," the International Monetary Fund said on Friday, but warned against its repeated use of supplementary budgets that has led to a major spike in spending.
"Sizable supplementary budgets have been frequently assembled, leading to upward revisions of expenditures from the initial budgets," the IMF said in a statement after its review, urging Japan to restore "predictability" in the size of spending.