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16 May 2011 ~ Comments Off

2nd quake recovery budget not to be ready until Aug., Kan suggests

Prime Minister Naoto Kan suggested Monday that the second extra budget for fiscal 2011 to secure additional funds for reconstruction of areas ravaged by the March 11 earthquake and tsunami will not be ready by at least August. “We will consider (how to craft the budget) based on local opinions,” Kan told a parliamentary session, noting that local governments in the affected northeastern region of Tohoku are planning to present reconstruction plans in July and August. (Kyodo)

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