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July 31, 2013
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Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 1.4 1
Consumer Prices 2.8 1.7
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

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Japan and the IMF
Updated April 12, 2014

The last Article IV Executive Board Consultation was on July 31, 2013. Listed below are items related to Japan, in reverse chronological order (you can also view items by category).

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June 14, 2013 -- Transcript of IMF Press Conference at the Conclusion of the 2013 Article IV Consultation Discussion with Japan
June 04, 2013 -- "Policy Steps Toward a Full-Speed Global Economy" By Christine Lagarde, Managing Director, International Monetary Fund
June 03, 2013 -- "The Financial Crisis, Capital Flows, and Global Liquidity" Keynote Speech by Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund, Bank of Korea International Conference 2013, Seoul, Korea, June 3, 2013
May 31, 2013 -- 2013 Article IV Consultation with Japan: Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 31, 2013 -- Press Release: IMF Mission Concludes the 2013 Article IV Consultation with Japan
May 20, 2013 -- "From Here to Eternity: The Outlook for Fiscal Adjustment in Advanced Economies" By Carlo Cottarelli
May 17, 2013 -- IMF Survey : IMF Helps Promote Understanding of Capital Flows
In a bid to support greater understanding of capital flows among government officials in Asia, the International Monetary Fund’s Regional Office for Asia and the Pacific organized a high-level seminar with Hitotsubashi University.
May 16, 2013 -- IMF Survey : IMF Assesses New Era of Monetary Policy
Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have reduced the risk of deflation, stabilized the financial system, and calmed financial markets, but these unconventional policies also have potential negative side effects.
May 01, 2013 -- "Global Economic Prospects and the Implications for India" Speech to the Federation of Indian Chambers of Commerce and Industry (FICCI), New Delhi by Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund
April 29, 2013 -- Press Release: Asia Leads Global Recovery, Further Reforms Will Help Address Medium-Term Challenges, Says IMF’s Asia-Pacific Economic Outlook
April 25, 2013 -- "Global Prospects and Policy Challenges" by Deputy Managing Director Shinohara's Speech at the Japan Society, New York
April 20, 2013 -- Transcript of an IMF Asia and Pacific Economic Outlook Press Briefing
April 20, 2013 -- IMFC Statement by Taro Aso, Deputy Prime Minister, Japan
The International Monetary and Financial Committee statement on behalf of Japan. PDF File Size: 267Kb
April 18, 2013 -- Transcript of a Press Conference of the Managing Director
April 18, 2013 -- Transcript of a Press Conference by G-24 Ministers
April 18, 2013 -- Unconventional Monetary Policies - Recent Experiences and Prospects - Background Paper
Subject: Monetary policy | United Kingdom | United States | Japan | European Central Bank | Central banks | Bonds | Capital markets | Spillovers | Inflation | Economic growth | Background papers
April 18, 2013 -- IMF Survey : Move From ‘Three-speed’ To ‘Full-speed’ Global Recovery, Urges Lagarde
The global economy can move beyond an uneven recovery to achieve “full-speed” if countries take customized action on a range of policy fronts, IMF Managing Director Christine Lagarde said at the 2013 IMF-World Bank Spring Meetings.
April 16, 2013 -- Transcript of a WEO Conference
April 16, 2013 -- Transcript of a Press Conference on the Fiscal Monitor
April 16, 2013 -- IMF Survey : Policy Actions Improve Prospects for Global Economy
The global economy is expected to continue mending gradually, says the IMF, whose latest forecast of economic growth projects 3.3 percent growth in 2013, and 4 percent in 2014. But with old dangers remaining and new risks emerging, policymakers cannot afford to relax their efforts.

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