Wednesday, July 20, 2011

Japan: supplementary budget for reconstruction

The lower house of the Japanese Parliament voted Wednesday, July 20 a supplementary budget of 2000 billion yen  for the reconstruction of the country after the earthquake and the resolution of the nuclear accident in Fukushima. The upper house is expected to also approve Friday the allocation of additional funds, the voices of conservative formations of the opposition (Liberal Democratic Party and New Komeito) in addition to those of the Democratic Party of Japan (DPJ, center left), the power.


The budget includes 800 billion yen for Reconstruction and 275 billion for the measures for the treatment of the nuclear accident at the plant Fukushima Dai-Ichi, including compensation for victims and health checks for residents. Some 550 billion more will go to local areas ravaged, and 300 billion more are planned to help people whose homes were destroyed or seriously damaged by the disaster.

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