IMF, World Bank meet in Tokyo

Japan's finance minister Jun Azumi delivers a speech at a special forum preceding the 2012 annual meetings of the IMF and World Bank Group in Tokyo. Japan's government could run out of money by the end of October, halting all state spending including salaries, pensions and unemployment benefits, because of a standoff in parliament that has blocked a bill to finance the deficit. REUTERS/Kim Kyung-Hoon

Updated on: Jul 06, 2012 4:47 PM IST

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Japan's finance minister Jun Azumi delivers a speech at a special forum preceding the 2012 annual meetings of the IMF and World Bank Group in Tokyo. Japan's government could run out of money by the end of October, halting all state spending including salaries, pensions and unemployment benefits, because of a standoff in parliament that has blocked a bill to finance the deficit. REUTERS/Kim Kyung-Hoon

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IMF managing director Christine Lagarde delivers a speech at a special forum preceding the 2012 annual meetings of the IMF and World Bank Group in Tokyo. REUTERS/Kim Kyung-Hoon

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IMF managing director Christine Lagarde delivers a speech at a special forum preceding the 2012 annual meetings of the IMF and World Bank Group in Tokyo. REUTERS/Kim Kyung-Hoon

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International Monetary Fund (IMF) chief Christine Lagarde (R) greets Japanese finance minister Jun Azumi (2nd L) while attending the Nikkei special forum at a hotel in Tokyo. Lagarde hailed recent 'significant steps' to contain the eurozone crisis but warned that 'more needs to be done'.AFP/ Toshifumi Kitamura

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Japanese finance minister Jun Azumi delivers a speech at the Nikkei special forum at a hotel in Tokyo. AFP/ Toshifumi Kitamura

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IMF managing director Christine Lagarde (C) attends the special forum preceding the 2012 annual meetings of the IMF and World Bank Group in Tokyo. REUTERS/Kim Kyung-Hoon

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International Monetary Fund (IMF) managing director Christine Lagarde attends a news conference in Tokyo. The head of the IMF expressed concern at a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down. REUTERS/Kim Kyung-Hoon