TOKYO -- Kristalina Georgieva, managing director of the International Monetary Fund, said Japan's efforts to maintain its fiscal grip are "so important" to support its aging population and prepare for any new shocks to the economy, as the country normalizes its monetary policy.
Economy
IMF's Georgieva says fiscal grip 'so important' to Japan
Policy normalization needed to promote investment and growth environment
Improved fiscal health will help prepare Japan for any “new shocks,” particularly since the country is vulnerable to natural disasters, said IMF Managing Director Kristalina Georgieva. (Photo by Sae Kamae)
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