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Monday, April 16, 2012

''Japan mulling $60 billion contribution to IMF''

From AFP via Al Arabiya

"Japan is considering lending about $60 billion to the International Monetary Fund to help strengthen a global firewall against contagion from the European sovereign debt crisis, Kyodo news agency said Sunday.

Tokyo is talking with some other key members of the IMF such as China and European nations to finalize their possible contributions to the multilateral lender, ahead of the Group of 20 finance chiefs’ meeting later this week in Washington."

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