Takaichi Vows Aid Package for Quake-Hit Kumamoto

Politics

Tokyo, Aug. 18 (Jiji Press)--Japanese Prime Minister Sanae Takaichi vowed Tuesday to swiftly compile an aid package for Kumamoto Prefecture, which was hit hard by last month's powerful earthquake.

Takaichi informed Takashi Kimura, governor of the prefecture in the Kyushu southwestern Japan region, of the aid package plan in their meeting at the prime minister's office in Tokyo, in which the local leader handed the prime minister a written request for "special fiscal aid" to help reconstruct and revitalize areas hit by the 7.1-magnitude temblor.

The July 28 quake registered up to 7, the highest level on Japan's seismic intensity scale.

The prime minister said that the city of Uki and the towns of Kashima and Hikawa will likely be designated as severely damaged municipalities, joining the town of Mifune and the city of Yatsushiro. Small businesses in the designated municipalities will be eligible for enhanced loan guarantees under a related law.

The written request pointed out that many municipal governments in the prefecture need to fully start repayments soon of bonds they issued to fund reconstruction projects following the April 2016 massive earthquakes, which also measured up to 7 on the Japanese scale in the prefecture.

[Copyright The Jiji Press, Ltd.]

Jiji Press