Japan Fund for Information and Communication Technology


Book Description

The Japan Fund for Information and Communication Technology, established by the Government of Japan and the Asian Development Bank (ADB) in July 2001, aimed to help ADB's developing member countries improve their ICT capacities, and thus accelerate social and economic development, improve governance, and reduce poverty in the Asia and Pacific region. From a contribution of about $10 million from the Government of Japan, the fund was able to support 13 projects which are now all physically completed.













Annual Report for ...


Book Description







Annual Report


Book Description







Japan


Book Description

This 2007 Article IV Consultation highlights that Japan’s external position remains strong. Boosted by investment income, the current account surplus widened in 2006 to nearly 4 percent of Japan’s GDP, despite a shrinking trade balance. Financial outflows also picked up, reflecting mainly the secular decline in investor home bias and to a lesser extent, yen-financed carry trades. The near-term economic outlook is favorable. GDP growth is projected at 2.6 percent in 2007 and 2.0 percent in 2008. With activity close to full capacity, CPI inflation is expected to pick up, but very slowly.