Japan Administered Account for Selected IMF Activities (JSA)
Annual Report Fiscal Year 2025

©2025 International Monetary Fund


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The Government of Japan is the longest standing partner in the CD efforts of the IMF, with $871 million in funding to date. In fiscal year 2025 (FY2025), the Government of Japan contributed $43 million to support a large portfolio of 40 bilateral programs and multi-partner initiatives. Over the past three years (FY2023-25), Japan remained one of the top contributors to IMF CD.

Japan-funded IMF bilateral programs address countries’ CD needs and are consistent with Japan’s international cooperation priorities and the IMF’s commitment to the Sustainable Development Goals (SDGs). Programs typically address fiscal issues, monetary and capital market reforms, macroeconomic statistics, and macroeconomic management. Japan also supports the IMF’s online learning program, as well as CD in CBDCs.

Japan has committed resources to selected multi-partner initiatives, such as the Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Thematic Fund; the D4D Fund; the Global Public Finance Partnership (GPFP); the Ukraine Capacity Development Fund (UCDF); and the COVID-19 Crisis CD Initiative (CCCDI). In FY2025, Japan has partnered with the Pacific Financial Technical Assistance Centre (PFTAC), as well as announced its continued support for the second phase of the D4D Fund. CD programs are also implemented through the IMF Capacity Development Office in Thailand (CDOT) and the IMF Singapore Regional Training Institute (STI).

In addition, Japan supports two scholarship programs: the Japan-IMF Scholarship Program for Asia (JISPA), and the Japan-IMF Scholarship Program for Advanced Studies (JISP), as well as the IMF Regional Office for Asia and the Pacific (OAP). The IMF and all member countries benefitting from the IMF-Japan partnership extend their appreciation to the authorities and citizens of Japan for their long-standing, highly valued support and look forward to continuing the strong and effective partnership.