January 26, 2013 / 1:25 PM / 5 years ago

IMF urges mid-term plan for Japan debt reduction

Christine Lagarde (L) chief of the International Monetary Fund (IMF) attends the annual meeting of the World Economic Forum (WEF) in Davos January 26, 2013.Pascal Lauener

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

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