• SHARE

The Democratic Party of Japan yielded to the opposition camp Tuesday and agreed to redeem the bonds for financing the reconstruction of the Tohoku region in 25 years.

The agreement came after the DPJ compromised on the redemption period, extending the government’s original plan of 10 years to 15 years last month and then to 25 years on Monday, as the Liberal Democratic Party claimed the period should be 60 years and New Komeito said 15 to 20 years was better.

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