According to the April 2018 World Economic Outlook (WEO) released by the International Monetary Fund (IMF), the global growth rate was projected at 3.9 percent in each of 2018 and 2019, up slightly from 3.8 percent in 2017. B. Recent Developments in Japan's Economy Next, I will discuss developments in Japan's economy.
Japan's economy is expanding moderately, with steady growth in overseas economies as well as highly accommodative financial conditions and government spending.