Japan approves the budget to rebuild the country
by the dadut
Four trillion is a staggering, which translated into euros are little more than 33 million, calculated by the Japanese authorities to return to putting the country of the rising sun. The March 11 earthquake and tsunami will be unleashed later anchor Japan's economy and growth of the country for a decade.
Now if you rebuild the country will work ten years , the payout will have to make the Japanese public is the largest effort conducted in six decades,or what comes to be the same, the largest expenditure ever made in Japan to meet a tragedy since World War II. The bill estimated y this natural disaster, the most expensive in recent Japanese history, amounting to 300,000 million dollars which will be added aid packages and other payments that are not now possible to calculate but will be heading for disaster victims and other contingencies that may arise.
Breaking down the four trillion yen, a million of them will be used to lift the damaged infrastructure . Included under this heading overseas development aid and tax benefits that many familliar needed to stay afloat because they have not lost everything, including the possibility of resuming his working life in their cities, have been displaced by family crisis. This is the case of the Fukushima prefecture, near Tokyo.
But it will not be as easy to reach a consensus in Japan to adopt all the support because the public debt, its Achilles heel, Japan's GDP doubled so that seriously endangers the stability of the country, living in an eternal economic recession. Difficulties aside, the Democratic Party of Naoto Kan needs the support of the opposition, which is not the work, as it lacks the majority needed to legislate without alliances in Japan's upper house , which could be a lock to the approval of budgets. In short, add to the economic crisis, politics, a fact which is otherwise common in the everyday life of Japan.
Now if you rebuild the country will work ten years , the payout will have to make the Japanese public is the largest effort conducted in six decades,or what comes to be the same, the largest expenditure ever made in Japan to meet a tragedy since World War II. The bill estimated y this natural disaster, the most expensive in recent Japanese history, amounting to 300,000 million dollars which will be added aid packages and other payments that are not now possible to calculate but will be heading for disaster victims and other contingencies that may arise.
Breaking down the four trillion yen, a million of them will be used to lift the damaged infrastructure . Included under this heading overseas development aid and tax benefits that many familliar needed to stay afloat because they have not lost everything, including the possibility of resuming his working life in their cities, have been displaced by family crisis. This is the case of the Fukushima prefecture, near Tokyo.
But it will not be as easy to reach a consensus in Japan to adopt all the support because the public debt, its Achilles heel, Japan's GDP doubled so that seriously endangers the stability of the country, living in an eternal economic recession. Difficulties aside, the Democratic Party of Naoto Kan needs the support of the opposition, which is not the work, as it lacks the majority needed to legislate without alliances in Japan's upper house , which could be a lock to the approval of budgets. In short, add to the economic crisis, politics, a fact which is otherwise common in the everyday life of Japan.
