Tokyo, July 31 (Jiji Press)–Japanese Prime Minister Sanae Takaichi is scheduled to visit earthquake-stricken Kumamoto Prefecture on Monday, government and ruling party officials said Friday. It will be Takaichi’s first visit to the southwestern Japan prefecture since Tuesday’s earthquake, a trip aimed at showing the government’s commitment to recovery and revitalization following the disaster. At a meeting of the government’s emergency disaster response headquarters held at the prime minister’s office on Friday, Takaichi said her administration would advance the disbursement of ordinary local allocation tax grants totaling 61.6 billion yen to affected municipalities. “Additional budgetary support will be provided as needed,” she said. “I want local governments to spare no effort in emergency response and recovery operations without hesitation over financial concerns.” END [Copyright The Jiji Press, Ltd.]
PM Takaichi to Visit Quake-Hit Kumamoto on Mon.
Related Posts
Seven & i to Secure 300 B. Yen in Capital for AI Push
Tokyo, July 31 (Jiji Press)–Japanese retail giant Seven & i Holdings Co. said Friday it will receive a total of 300 billion yen in capital from SoftBank Corp., mobile payment operator PayPay Corp. and Sumitomo Mitsui Card Co. to bolster its artificial
U.S. Treasury Notifies Banks of Possible Yen Intervention
Washington, July 31 (Jiji Press)–The U.S. Treasury Department has informed a number of banks that it may intervene in the Japanese yen market, a Treasury source told Jiji Press on Friday. The U.S. authorities reportedly conducted a rate check, asking financial institutions
