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IMF

Japan Times
BUSINESS / ANALYSIS
Aug 18, 2021
Afghan central bank's $10 billion stash not all within reach of Taliban
The country's central bank is thought to hold foreign currency, gold and other treasures in its vaults, but the vast majority of the assets are held outside Afghanistan.
Japan Times
BUSINESS / Economy
Jul 28, 2021
IMF cuts Japan's growth forecast to 2.8% in 2021 as COVID-19 spreads again
Japan was the only country among the Group of Seven industrialized nations that faced a downgrade in the fund's latest World Economic Outlook report.
Japan Times
BUSINESS
Apr 6, 2021
U.S. Treasury Secretary Janet Yellen calls for global minimum corporate tax
Yellen said Monday she was working with G20 countries to agree to the measure, in hope of ending a 'thirty-year race to the bottom.'
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 4, 2021
World economy risks ‘dangerously diverging’ even as growth booms
It could take years for swaths of the world to join the U.S. and China in fully recovering from the pandemic.
Japan Times
BUSINESS
Mar 31, 2021
IMF chief says lack of fans at Olympics won't harm Japan's recovery
Japan's 'very diversified and vibrant economy' is not dependent on revenues from hosting the games, says Kristalina Georgieva.
Japan Times
COMMENTARY / World
Feb 2, 2021
Now they tell us: Austerity is out in a low-interest rate world
It is no coincidence that there have been waves of populism across the Western world in the wake of the global financial crisis — and the imposition of the austerity orthodoxy.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 3, 2021
Debt and disease amid the pandemic
The pandemic will likely leave several countries with distressed debt that will have to be resolved, but many will lack the capacity to ensure a level playing field for negotiations.
Japan Times
COMMENTARY / World
Dec 28, 2020
China should join the Paris Club
The problem is that China, the largest sovereign lender in the world, is not a member, because other leading creditors complain that its loans and lending conditions are not transparent.
Japan Times
BUSINESS
Oct 22, 2020
IMF backs Suga’s reform plan but urges BOJ to review inflation goal
The International Monetary Fund gave a thumbs-up Wednesday to plans by new Prime Minister Yoshihide Suga to maintain the thrust of his predecessor's Abenomics stimulus programs, while pushing through reforms to revitalize the economy.
BUSINESS / Economy
Sep 24, 2020
IMF official warns coronavirus will weigh on some economies for years
The novel coronavirus crisis is lasting longer than expected, and it will take some countries years to return to growth, the No. 2 official at the International Monetary Fund said Wednesday.
Japan Times
BUSINESS / Economy
Jun 25, 2020
IMF downgrades forecast for global contraction to 4.9% in pandemic
The projections worsened to 5.8 percent for Japan, 8 percent for the United States and double digits for the euro area.
Japan Times
BUSINESS / Economy
Jun 22, 2020
Surge in coronavirus cases jolts prospects for world economy
The global economy’s fragile recovery is facing a fresh hurdle as a surge in coronavirus cases threatens to keep businesses closed and consumers on edge.
Japan Times
BUSINESS / Economy
Jun 9, 2020
World Bank forecasts worst recession in eight decades as virus persists
According to a semi-annual report per-capita output will contract in more than 90 percent of countries, the largest percentage since 1870.
Japan Times
BUSINESS / Economy
May 11, 2020
‘Hidden’ defaults set to soar as recession squeezes firms worldwide
The COVID-19 outbreak and unprecedented lockdowns prompted the International Monetary Fund to predict that the recession would be the steepest in almost a century.
Japan Times
BUSINESS / Economy
May 1, 2020
IMF chief lauds Japan's spending to combat pandemic, urging others to step up
IMF chief Kristalina Georgieva praised on Thursday Japan's plans to spend about 20 percent of its gross domestic product in response to the economic challenges of the COVID-19 pandemic and to help the world's poorest countries, urging others to do their part.
Japan Times
BUSINESS
Apr 22, 2020
IMF and regional bodies agree to cofinance pandemic responses
The heads of the International Monetary Fund, European Stability Mechanism (ESM) and other regional financing arrangements on Tuesday agreed to work together to mitigate the economic and financial impacts of the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Apr 16, 2020
IMF sees Asia-Pacific economic growth at standstill in 2020
Economic growth in the Asia-Pacific region will likely slow to a standstill in 2020, something that hasn’t happened in the last 60 years, according to the International Monetary Fund.
Japan Times
BUSINESS / Economy
Apr 15, 2020
World economy to shrink 3% in 2020 in worst setback since Great Depression, IMF says
The global economy is projected to contract 3.0 percent in 2020 from a year before due to the coronavirus pandemic, which would mark the worst setback since the Great Depression in the 1930s, the International Monetary Fund said Tuesday.
Japan Times
BUSINESS
Apr 13, 2020
Make-or-break moment in coronavirus fight could happen this week
The world’s ability to check the coronavirus contagion and fully recover from the worst peacetime recession since the Great Depression may depend on what international economic policy makers decide this week.
Japan Times
BUSINESS / Economy
Apr 4, 2020
IMF sees coronavirus-induced global downturn 'way worse' than financial crisis
Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director called on advanced economies to step up their efforts to help emerging markets and developing countries.

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces