BoJ offers brighter view on regional economy

Upbeat: A pedestrian wearing a protective face mask crosses a road in front of the Bank of Japan headquarters in Tokyo. It says the world’s third-largest economy is likely to continue recovering thanks to the boost from fiscal and monetary stimulus measures. — Bloomberg

TOKYO: The Bank of Japan (BoJ) has raised its economic assessment for most of the country’s nine regions to say they were starting to pick up, underscoring the central bank’s growing conviction the economy is emerging from the worst hit of the coronavirus pandemic.

Governor Haruhiko Kuroda also said the world’s third-largest economy was likely to continue recovering thanks in part to the boost from fiscal and monetary stimulus measures.