International Monetary Fund chief Kristalina Georgieva said Tuesday that Japan's economic recovery will not be derailed by staging the Tokyo Games without overseas spectators, while hailing the country's "strong response" to mitigate the fallout from the coronavirus pandemic through timely stimulus packages.
"In terms of economic impact (from the absence of overseas fans), it would be very minor. We've done some calculations and we concluded that it is not going to harm the Japanese recovery," the IMF managing director said.
She said Japan has "a very diversified and vibrant economy" and is not dependent on revenues from hosting the Olympics.