facebook
twitter
rss
account
search
search
 

Japan announces disaster management budget

April 22, 2011 at 8:13 AM   |   Comments

1 of 5
| License Photo
TOKYO, April 22 (UPI) -- A $49 billion disaster relief budget was announced by the Japanese government Friday to cope with earthquake-tsunami recovery, Prime Minister Naoto Kan said.

Kan told reporters in Tokyo no new federal debt in the form of bonds would be issued and there would likely be supplemental revisions to the budget, the BBC reported.

On March 11, a magnitude-9 earthquake struck northern Japan, triggered a tsunami that washed away entire coastal towns and created a nuclear power plant disaster in Fukushima. At least 27,000 people were killed or are missing, emergency officials say.

Kan said money for relief efforts would come from pension funds and emergency reserves.

The budget has to be approved by Parliament but the BBC said little opposition was expected.

As for the radiation leakage at the nuclear power plant, U.S. nuclear engineer Jack DeVine told CNN it could take decades to completely shut down.

DeVine worked on the Three Mile Island nuclear accident in Pennsylvania in 1979 and said it took three years for engineers to safely access the damaged nuclear core.

Topics: Naoto Kan
© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
Medal of Honor to be awarded to Civil War soldier
2
Firing range instructor shot by 9-year-old girl dies
3
Colombia releases notorious hitman 'Popeye'
4
Bodies of missing family found in Oregon lake
5
California man Douglas McCain killed fighting alongside Islamic State in Syria
Trending News
Video
x
Feedback