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Japan's government considering lifting FY2022 economic growth forecast - NHK

1 month ago   |   By FXCM

The Japanese government is mulling a lift to its economic growth forecast for fiscal year 2022 to take into account the effects of its record $490 billion stimulus package, Reuters reports, citing headlines carried by the country's public broadcaster NHK.
NHK noted: “In a mid-year review in July, the government projected real gross domestic product growth of about 2.2% for the fiscal year starting in April 2022. With the spending package aimed at helping businesses and households weather the pain of the COVID-19 pandemic, it now estimates a tailwind of about 5.6% for real GDP from this...
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