IMF Staff Country Reports

Japan: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan

April 2, 2025

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International Monetary Fund. Asia and Pacific Dept "Japan: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan", IMF Staff Country Reports 2025, 082 (2025), accessed April 3, 2025, https://doi.org/10.5089/9798229006811.002

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Summary

After three decades of near-zero inflation, signs are growing that Japan’s economy is reaching a new equilibrium with inflation sustained at the Bank of Japan’s 2 percent headline inflation target. But Japan continues to face challenges, including from its aging population and high public debt.

Subject: Aging, Anti-money laundering and combating the financing of terrorism (AML/CFT), Central bank policy rate, Crime, Financial sector policy and analysis, Financial services, Financial stability assessment, Inflation, Labor, Labor markets, Labor shortages, Population and demographics, Prices, Public debt

Keywords: Aging, Anti-money laundering and combating the financing of terrorism (AML/CFT), Central bank policy rate, Financial stability assessment, Financial statements, Inflation, Labor markets, Labor shortages

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