Tuesday, January 8, 2013

Let’s get to spending!

While I’m no expert on the financial needs of the Touhoku region that will be recovering from the Great earthquake for years to come, there’s a lot of cash earmarked to be spent on recovery effort by the national government, as noted below. I hope it gets used appropriately cuz it will basically mean a lot more debt for a country that’s already more than 200% of GDP in debt. 政府、震災復興に1・6兆円 雇用確 保や営農再開 政府が11日にまとめる10兆3千億円 の緊急経済対策のうち、1兆6千億円を 被災者の雇用対策など、東日本大震災の復 興関連事業に充てることが8日、明らかに なった。安倍晋三首相は震災復興を政権の 最優先課題に挙げており、思い切った予 算措置で復興を加速させたい考えだ。 緊急対策では主な復興事業として、被災 者の一時的な雇用確保に500億円を使う ほか、津波被害を受けた自治体の地域振興 に1047億円、福島県での営農再開を支 援する基金設置に232億円を拠出する。 今回の緊急対策では、原則として復旧・ 復興や被災者の生活再建のための施策に絞 り込んだ。

2013年01月08日火曜日

http://www.kahoku.co.jp/news/2013/01/2013010801002126.htm

Government earmarks 1.6 trillion yen in recovery funds for employment security and agriculture revitalization

On the 8 th , the government’s 10.3 trillion yen emergency financial measure that will be finalized on the 11 th was noted to contain 1.6 trillion yen earmarked for employment measures for disaster victims and other related works linked to recovery from the Great Eastern Japan Earthquake. Prime Minister Shinzo Abe has made disaster recovery the highest priority of his administration and has stated that he wants to speed up recovery through bold budgetary measures.

The emergency measures will mainly focus on recovery efforts including 50 billion yen for temporary employment security, 104.7 billion yen for recovery efforts in municipalities who suffered tsunami daamage, and 23.2 billion yen contribution for establishing funding to support agriculture revitalization in Fukushima Prefecture.

This emergency measure is principally being focused on recovery and restoration as well as rebuilding the lives of disaster victims.

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