Arab Today, arab today japan passes 3rd extra budget for reconstruction
Last Updated : GMT 21:26:48
Arab Today, arab today
Arab Today, arab today

Japan passes 3rd extra budget for reconstruction

Arab Today, arab today

Arab Today, arab today Japan passes 3rd extra budget for reconstruction

Tokyo - Xinhua

Japan\'s upper house of parliament on Monday passed a 12.1 trillion yen (155 billion U.S. dollars) third extra budget to finance post-quake reconstruction initiatives, with funds also allocated to deal with the impact of a persistently strong yen on the nation\'s economy. The passages in the upper house is an outcome of compromises of the ruling and opposition parties, including agreement to raise some taxes provisionally and to secure financial sources for the budget. The more powerful lower house, controlled by ruling Democratic Party of Japan (DPJ), already passed the supplementary budget on Nov. 10. The third extra budget is larger than the previous two, the first worth some 4 trillion yen and the second of about 2 trillion yen, and is the second largest ever following one that was created in 2009 to spur the economy after the global financial crisis. Besides financing rebuilding infrastructure and resolving the Fukushima No. 1 nuclear power plant related problems, the extra budget also includes 2 trillion yen to reduce the negative impact of a consistently strong yen on Japan\'s key export sector. (1 U.S. dollar is equivalent to 76.8 yen)  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan passes 3rd extra budget for reconstruction Arab Today, arab today japan passes 3rd extra budget for reconstruction

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan passes 3rd extra budget for reconstruction Arab Today, arab today japan passes 3rd extra budget for reconstruction

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday