IMF urges mid-term plan for Japan debt reduction

DAVOS, Switzerland (Reuters) - The head of the International Monetary Fund called on Saturday for Japan to put forward a medium-term plan to reduce its public debt after this week's bold monetary and fiscal stimulus measures.

IMF Managing Director Christine Lagarde told the World Economic Forum in Davos: "Japan has made very important decisions. We are very interested in these policies. We would like them to complement it with a mid-term plan on how the debt would be reduced."

(Reporting by Lisa Jucca; Writing by Paul Taylor)

Source: http://news.yahoo.com/imf-urges-mid-term-plan-japan-debt-reduction-132539861--business.html

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