• SHARE

The ruling Liberal Democratic Party and the Liberal Party agreed Wednesday to use part of 500 billion yen in reserves for public works — allocated in the initial budget for fiscal 1999 — to build new bullet train lines, officials of the two coalition partners said.

Of the total, 155 billion yen will be spent on national projects, including 42 billion yen for the new shinkansen lines, while 146.7 billion yen will be used to reinforce social infrastructures, according to the agreement between the two parties.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW