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Japan to double budget reserves for earthquake relief - PM Kishida

Published 01/14/2024, 02:02 AM
Updated 01/14/2024, 02:05 AM
© Reuters. Firefighters search for victims in the snowfall at a residential and commercial site which burned down due to a fire following an earthquake in Wajima, Ishikawa Prefecture, Japan, January 7, 2024. Kyodo/via REUTERS/File Photo

TOKYO (Reuters) - Japan's government plans to double budget reserves to 1 trillion yen ($6.9 billion) for earthquake relief in the next fiscal year, Prime Minister Fumio Kishida said on Sunday.

Kishida announced the plan after his visit to the northwest Japanese region hit by a powerful earthquake struck earlier this month.

($1 = 144.9000 yen)

Latest comments

Let's hope the Japan earthquake can be annual Japanese recession forever
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