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NATORE: Influencials using poisons to catch fishes from Goalghat Fisheries Ghat at Natore . This picture was taken on Thursday.

26 Apr 2015, 12:00 am0

IMF boosts Japan growth forecast, warns over deflation

AFP, Tokyo :The International Monetary Fund Tuesday lifted its outlook for Japan’s economy this year and in 2017, pointing to huge government stimulus spending, but warned the country’s longer-term prospects were bleak.The Washington-based IMF upgraded its growth projections for the world’s number three economy to 0.5 percent in 2016 and 0.6 percent next year, up from a July forecast of 0.3 percent and 0.1 percent, respectively.But the upgrade was largely due to an expected shot in the arm from a...

6 Oct 2016, 12:00 am