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International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery.
International Monetary Fund Managing Director Christine Lagarde on Monday announced her decision to renew David Lipton's five-year tenure as the first deputy managing director starting Sept. 1, 2016.
The International Monetary Fund (IMF) said Wednesday that the Chinese economy is expected to grow by around 7.75 percent this year despite weak and uncertain global conditions.