Thursday, February 7, 2013
Mr. David Lipton, Deputy Director of the International Monetary Fund. IMF inflation target of 2% of the BOD's appropriate.
Mr. David Lipton, Deputy Director of the International Monetary Fund (IMF's) said that targeting inflation at 2%, the Bank of Japan is appropriate to push the economy out of a deflation that. long
Japanese officials stated that Mr. Lipton said during a meeting with Mr. Akira to Amarillo Economic Policy and Finance Minister of Japan. The Cabinet Office said in Tokyo this morning. It is important that the BOD's of the people to be given clear guidelines on how to achieve the inflation target is set a month ago.
At the start of the meeting, which was open to the media with it. Amarillo has expressed its appreciation for the IMF's understanding of economic policy initiatives of Prime Minister Abe Shin Osa including monetary policy seriously. Growth strategy. Spending and fiscal flexibility. The large-scale infrastructure projects. Mr. Lipton said the economy in the form of Mr. Abe or "Abe Economics" has become "the universal" it.
While there are growing concerns that Japan's financial strength. The worst among industrialized nations. Could be worse. As a result of the issuance of additional debt. Mr. Marino has pledged to Mr. Lipton said. Mr. Abe's government to stimulate the economy in the short term. While trying to build the country's long-term fiscal discipline. Kyodo news agency reported.