Japanese gov’t approves US$3m allocation to help earthquake-hit areas ...Middle East

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TOKYO: The Japanese government on Tuesday approved the release of 4.738 billion yen (US$33 million) from its reserve fund to help earthquake-affected regions of the country, reported Sputnik.The allocation of funds from the reserve fund does not require approval from parliament, which allows for prompt management of its resources, Japanese news agency Kyodo reported.For the current 2023 fiscal year, which ends on March 31, 2024, the government has allocated 500 billion yen for natural disaster relief. As of now, about 466.6 billion yen remain unspent in the fund.On January 1, a powerful 7.6-magnitude earthquake, followed by a series of aftershocks, struck near the city of Suzu on the Noto Pe

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Japanese gov’t approves US$3m allocation to help earthquake-hit areas ...Middle East

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