MADRID — Spain will not immediately implement the International Monetary Fund's latest recommendations, which include cutting government workers' wages further, because they are nonbinding advice, the prime minister said Saturday. The IMF is one of three organizations Mariano Rajoy's government turned to for an assessment of the state of Spain's banking sector ahead of a (EURO)100 billion ($125 billion) bailout for failing lenders. The latest IMF document, released Friday, was not part of a bank sector report, but one of regular economic analyses issued on the state of Spain's economy.

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