• SHARE

Japan’s economic growth forecast for the 1997 calendar year has been revised downward to 1.1 percent from April estimates of 2.2 percent, the International Monetary Fund said Sept. 17.

In its semiannual World Economic Outlook report, the IMF also projected 2.1 percent growth for calendar 1998, lower than its April figure of 2.9 percent. At the same time, the nation’s current account surplus was expected to make up 2.3 percent of gross domestic product in 1997 — 0.5 percent greater than April estimates.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW