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70% of diverted $9.37 bil. Japan quake recovery budget won't be returned


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70% of diverted $9.37 bil. Japan quake recovery budget won t be returned
The Mainichi
© The Mainichi
Japan Display Inc. s factory in the city of Mobara, Chiba Prefecture, is seen in this Feb. 1, 2021 photo. (Mainichi/Shunsuke Sekiya)
TOKYO Japan s Reconstruction Agency has found that at least 70% of the 1-trillion-yen (around $9.37 billion) plus 2011 Great East Japan Earthquake recovery budget that was diverted for uses only remotely related to disaster-hit areas will not be returned.
It is believed that the budget diversions were based on a single phrase in the government s July 2011 reconstruction policy: Without the recovery of Japan s economy, there will be no true recovery of disaster-hit areas. ....

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