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It said the rise in its 2014 forecast was a result of the generally better than expected improvement in performance, optimism in business surveys and an improved outlook, especially for investment.
"We are of course meeting at a time when financial market sentiment has improved and there are signs that this is feeding through to an improved outlook in some of our economies," Osborne said.
That means the president has just two more chances for an improved outlook.
Rating agencies also noted an improved outlook on the country's creditworthiness.
They suggest that consumer confidence is heading in the right direction and the sector is benefiting from an improved outlook.
Stronger growth in America and an improved outlook in the euro zone and in Britain should lift France.
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Better vision is a great way to gain and enjoy a new, improved outlook on life.
And in a report on his improved outlook for radio and outdoor stocks, the Merrill Lynch analyst, Marc E. Nabi, a managing director, acknowledged that "our industry upgrade could be early since we have witnessed several recovery 'head fakes' during the advertising downturn".
As a result of this improved outlook, the Bank has increased its forecast for growth this year for the UK economy to 3.4% from 2.8%.
9 13 As a result of this improved outlook, the need for healthcare and support services for HIV-infected heterosexual men is likely to increase.
The benchmark Nikkei 225 stock index closed above 10,000 for the first time in a year, thanks to the improved outlook for the economy and corporate profits.
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