The International Monetary Fund on Tuesday raised its growth estimate for Japan and the world economy this year and in 2013, due partly to eased risks in the eurozone, while prodding Japan and the United States to take additional monetary easing steps to support growth.
In its semiannual World Economic Outlook report, the IMF projected the Japanese economy will grow 2.0 percent this year in terms of inflation-adjusted gross domestic product, up 0.4 percentage point from its January estimate.
(Japan Times)
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