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The government announced an estimate Monday that it will spend around ¥1.5 trillion on reconstruction projects for areas devastated by the March 11, 2011, earthquake and tsunami in the five-year period starting from fiscal 2021.

In a draft of its new basic policy for post-Great East Japan Earthquake reconstruction shown at an expert committee meeting, the government also noted that the Reconstruction Agency will not be disbanded until the end of fiscal 2030 and that special tax grants to local governments in afflicted areas will be maintained.

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