Japan to double budget reserves for earthquake reduction
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Published Jan 14, 2024 02: 02AM ET
© Reuters. Firefighters seek victims in the snowstorm at a residential and industrial build which burned down attributable to a hearth following an earthquake in Wajima, Ishikawa Prefecture, Japan, January 7, 2024. Kyodo/via REUTERS/File Portray
TOKYO (Reuters) – Japan’s authorities plans to double budget reserves to 1 trillion yen ($6.9 billion) for earthquake reduction in the next fiscal year, High Minister Fumio Kishida talked about on Sunday.
Kishida launched the idea after his focus on over with to the northwest Japanese bother hit by a extremely efficient earthquake struck earlier this month.
($1 = 144.9000 yen)
Japan to double budget reserves for earthquake reduction – PM Kishida