Japan said Thursday it may provide up to $50 billion to the International Monetary Fund to help fight Europe's debt crisis, but the exact figure is yet to be decided.
"Japan is studying the specific figure it will provide to the IMF but it won't be possible for us to reach agreement by the time the finance minister attends the G20 meeting this weekend," said a finance ministry official.
The IMF -- which along with the European Central Bank and EU makes up the "troika" of bailout contributors -- said in January it was seeking to increase its lending capacity by up to $500 billion to confront the debt crisis. (AFP)
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