facebook
twitter
rss
account
search
search
 

Japan announces disaster management budget

April 22, 2011 at 8:13 AM   |   Comments

2 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
2014: The Year in Music [PHOTOS]

2014: The Year in Music [PHOTOS]

Most Popular
1
Merkel urges Putin to withdraw Russian troops from Ukraine Merkel urges Putin to withdraw Russian troops from Ukraine
2
Lindsey Graham fears ISIS will come kill us all, in a not at all hysterical way Lindsey Graham fears ISIS will come kill us all, in a not at all hysterical way
3
Shark attacks surfer at Santa Cruz beach Shark attacks surfer at Santa Cruz beach
4
Rush Limbaugh: Women actually are consenting when they say 'no' Rush Limbaugh: Women actually are consenting when they say 'no'
5
Census: number of Americans living in poverty down, still above 45 million Census: number of Americans living in poverty down, still above 45 million
Trending News
Video
x
Feedback