Bank of Japan boosts fiscal 2013 GDP growth forecast






TOKYO: The Bank of Japan on Tuesday lifted its growth forecast for the country's economy in the fiscal year starting in March, a glimmer of positive news as the country struggles to cement a recovery.

The BoJ said it now expected Japan's gross domestic product to expand by 2.3 percent in the year ended March 2014, up from an earlier 1.6 percent forecast.



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Bank of Japan boosts fiscal 2013 GDP growth forecast