Executive Board
Board Discussions
on Japan:

July 17, 2015
July 23, 2014
July 31, 2013
July 25, 2012
July 13, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP 0.6 1
Consumer Prices 0.7 0.4
Source: World Economic Outlook (October 2015)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Japan: Financial Position in the Fund

Central Bank
Bank of Japan

Finance Ministry
Ministry of Finance

IMF Regional Office for Asia and the Pacific

Japan Administered Accounts For Technical Assistance and Training

Scholarships at the IMF Regional Office for Asia and the Pacific (OAP)

Japan Administered Accounts - Japan-Funded Scholarship Programs

Frontier and Developing Asia Frontier and Developing Asia : The Next Generation of Emerging Markets Excerpt in English, Japanese

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Japan and the IMF
Updated November 18, 2015

The last Article IV Executive Board Consultation was on July 17, 2015. Listed below are items related to Japan, in reverse chronological order (you can also view items by category).

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July 15, 2009 -- Japan: 2009 Article IV Consultation - Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 09/210
July 15, 2009 -- Japan: Selected Issues
Series: Country Report No. 09/211
July 08, 2009 -- Financial Market Update:
Financial conditions have improved, as unprecedented policy intervention has reduced the risk of systemic collapse and expectations of economic recovery have risen. Nonetheless, vulnerabilities remain and complacency must be avoided. The financial sector continues to be dependent on significant public support, resulting in an unparalleled transfer of risk from the private to the public sector. At the same time, however, work will need to begin on exit strategies from the various financial, monetary, and fiscal support policies in order to address market uncertainty. Medium-term policies need to ensure that steps taken to normalize policies and markets are consistent with establishing a lasting framework of sound financial regulation, sustainable fiscal balances, and the maintenance of price stability.
Text also available in: عربي; 中文; Español; Français; 日本語; русский.
June 24, 2009 -- IMF Survey: Households Hit Hard by Wealth Losses
The financial crisis has erased a considerable amount of household wealth in many advanced economies. The precipitous fall in asset prices—across equity, bond, and housing markets—has eroded the value of financial and housing assets and the net worth of households, according to IMF research.
May 20, 2009 -- 2009 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 20, 2009 -- Press Release: IMF Team Completes the 2009 Article IV Consultation Discussions with Japan
May 18, 2009 -- Overcoming the Great Recession An Address to the Japan National Press Club, Remarks by John Lipsky, First Deputy Managing Director of the International Monetary Fund, at the Japan National Press Club, Tokyo, May 18, 2009
May 12, 2009 -- Why Has Asia Been Hit So Hard By The Global Economic and Financial Crisis? Presentation by Mr. Takatoshi Kato, Deputy Managing Director, IMF, at the Eighteenth General Meeting of the Pacific Economic Cooperation Council
May 06, 2009 -- IMF Survey: Crisis Deals Sharp Blow to Asian Growth
The impact of the global economic crisis on Asia has been swifter and often deeper than for other regions, partly because of Asia’s export dependence and close integration into the global economy, according to a new report by the IMF.
May 01, 2009 -- Why Are Japanese Wages So Sluggish?
Author/Editor: Sommer, Martin
Series: Working Paper No. 09/97
April 25, 2009 -- IMFC Statement by the Hon. Kaoru Yosano, Minister of Finance of Japan
The International Monetary and Financial Committee statement on behalf of Japan. PDF File Size: 293Kb
April 22, 2009 -- Transcript of a Press Conference on the International Monetary Fund's World Economic Outlook
March 25, 2009 -- Japan: Report on the Observance of Standards and Codes - FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 09/101
March 24, 2009 -- Transcript of a Press Briefing by International Monetary Fund First Deputy Managing Director John Lipsky on Steps to Reform IMF Financing Facilities with Reza Moghadam, Director of the Strategy Policy and Review Department, Caroline Atkinson, Director of the External Relations Department, and Lorenzo Giorgianni of the Strategy, Policy and Review Department
March 19, 2009 -- Japan’s Policy Response to its Financial Crisis: Parallels with the U.S. Today, Opening remarks by Anoop Singh,Director,Asia and Pacific Department,IMF
March 18, 2009 -- Why Has Japan Been Hit So Hard by the Global Recession?
Author/Editor: Martin Sommer
Series: Staff Position Note No. 2009/5
March 01, 2009 -- Global Imbalances: The Role of Non-TradableTotal Factor Productivity in Advanced Economies
Author/Editor: Cova, Pietro | Pisani, Massimiliano | Batini, Nicoletta | Rebucci, Alessandro
Series: Working Paper No. 09/63
February 26, 2009 -- Press Briefing by David Hawley, Senior Advisor, External Relations Department, with Reza Moghadam, Director of the Strategy, Policy and Review Department, and Andrew Tweedie, Director of the Finance Department
February 14, 2009 -- IMF Survey: IMF Gains New Funding, Puts Focus on Bank Clean Up
Warning that the global economic crisis is set to bite emerging markets and low-income countries harder this year, IMF head Dominique Strauss-Kahn says he aims to double the Fund's lendable resources to $500 billion and boost loans for poorest.
February 13, 2009 -- Press Release: IMF Signs US$100 Billion Borrowing Agreement with Japan

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