trending Market Intelligence /marketintelligence/en/news-insights/trending/s7QsaPUqdVqFYGfMjvhz8g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Japan lifts GDP growth forecast for fiscal 2020

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Japan lifts GDP growth forecast for fiscal 2020

The Japanese government lifted its economic outlook for the next fiscal year amid an expected boost from a recently approved stimulus package.

The Japanese economy is forecast to grow 1.4% in the fiscal year starting April 2020, higher than the 1.2% growth rate projected last July, the Cabinet Office said.

The Cabinet maintained its GDP growth projection of 0.9% for the current fiscal year ending March 2020.

The government approved a stimulus package totaling about ¥26 trillion earlier this month in a bid to bolster the economy amid the effects of natural disasters, falling exports and the recent increase in the consumption tax.