Japan extends work of disaster recovery agency for 10 years in 2011
Japan’s parliament on Friday approved a 10-year extension of the lifespan of the government agency overseeing the reconstruction of the region devastated by the 2011 earthquake, tsunami and nuclear disaster.
The Reconstruction Agency will now continue to promote rehabilitation in Fukushima Prefecture, in the northeast, and provide support to residents of this region and other regions in the northeast, until March 2031. agency said there were still more than 46,000 displaced residents as of March 11, the ninth. anniversary of the triple disaster.
However, the scope of tax breaks and other special deregulation measures will be reduced and resources allocated more selectively to areas where reconstruction efforts are still ongoing and to businesses struggling to overcome public fears and false rumors about radiation.
A man prays at a beach in Iwaki, Fukushima Prefecture, March 11, 2020, on the ninth anniversary of the 2011 earthquake and tsunami in northeastern Japan. (Kyodo)
Government grants for the reconstruction of infrastructure will end at the end of the current fiscal year until March 2021, as the reconstruction of roads and houses is deemed sufficiently completed.
The agency will continue to be headed by a full-time minister and its budget will remain separate from the general account. Reconstruction bonds, which help finance reconstruction, will continue to be issued by the government.
As part of the Basic Policy on Post-Earthquake Reconstruction of 2011, approved by Cabinet in December, the government aims to complete recovery in the hard-hit prefectures of Fukushima, Iwate and Miyagi in northeastern Nigeria. Japan during the five fiscal years until March 2026, while maintaining support for the areas affected by a nuclear disaster.
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