Japan Govt to Spend 131.6-B.-Yen Reserves on Disaster Aid

Politics Lifestyle

Tokyo, Nov. 8 (Jiji Press)--The Japanese government at a cabinet meeting Friday decided to disburse 131.6 billion yen from its fiscal 2019 budget reserves to help areas affected by recent powerful typhoons.

The funds will be spent on measures included in a support package announced by the government on Thursday for rebuilding the daily lives of people and industries affected by Typhoon Faxai, Typhoon Hagibis and other disasters.

The government will use 50.1 billion yen for small companies, including 14.4 billion yen in "group subsidies," to be provided to small companies working in cooperation to restore their damaged facilities.

For the agricultural sector, 15.1 billion yen will be spent. Rice farmers will get 1.7 billion yen to remove tainted rice straws and cope with other damage, while 1.4 billion yen will be used for the replanting of fruit trees.

The government will distribute 2.9 billion yen to the tourism industry in disaster-hit areas, including 5,000 yen in subsidies to help cover fees at hotels and "ryokan" Japanese-style inns per guest per night.

[Copyright The Jiji Press, Ltd.]

Jiji Press