Foreign Policy Blogs

Japan to enact $49 billion supplementary budget

A 4.02 trillion yen ($49 billion) supplementary budget is expected to be enacted Monday. The first extra budget for fiscal 2011 cleared the lower house of parliament Saturday.

The budget came in response to the March 11 earthquake and tsunami, and will be used to finance initial reconstruction measures, such as cleaning up the massive piles of debris, restoring infrastructure and building temporary housing.

The government has projected that the extra budget will push up Japan’s annual real gross domestic product by around 0.6 percentage point.



Dustin Dye

Dustin Dye is the author of the YAKUZA DYNASTY series, available through the Amazon Kindle.

He lived in Okayama, Japan, where he taught English at a junior high school through the Japan Exchange and Teaching Program for three years. He is a graduate from the University of Kansas, where he received a bachelor's degree in anthropology.

His interest in Japan began in elementary school after seeing Godzilla fight Ghidorah, the three-headed monster. But it wasn't until he discovered Akira Kurosawa's films through their spaghetti Western remakes that he truly became fascinated in the people and culture of Japan.

He lives in Kansas with his wife, daughter and guinea pig.

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E-mail him: [email protected]