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Kan prods IMF for reforms that boost crisis role

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Japan is calling on the International Monetary Fund to adopt a set of structural reforms to reinforce its ability to prevent future economic crises and boost its legitimacy as a key financial lender. In a statement presented to the IMF's policy-steering International Monetary and Financial Committee, Finance Minister Naoto Kan said Saturday the IMF should set a clear target of ensuring financial stability as its post crisis mission.

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