Japan to prepare extra budget of over US$4.5b for quake recovery
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] The Japanese government is looking to prepare an extra budget of more than 500 billion yen (S$6.1 billion) for reconstruction in the areas affected by the recent earthquakes in southern Japan, sources told Reuters.
Prime Minister Shinzo Abe ordered his government on Sunday to compile the extra budget package to fund reconstruction.
The government aims to get approval from the cabinet on May 13 and put it into effect by June 1 when the current session of parliament ends, the sources said.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
