• Kyodo


The Diet passed Monday the third extra budget for fiscal 2011, aimed at funding full-fledged reconstruction work from the March 11 disasters and preventing harm to the economy from the yen’s historic appreciation.

The ¥12.10 trillion third supplementary budget was approved by an Upper House plenary session by a majority vote from the ruling Democratic Party of Japan, the Liberal Democratic Party, New Komeito and other 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.