The Cabinet agreed to cut Japan’s foreign aid allocation for fiscal 2011 by 50.1 billion yen from the initially set 572.7 billion yen Friday as it approved a draft first extra budget for the year to secure funds for reconstruction work after the March 11 quake and tsunami. Foreign Minister Takeaki Matsumoto told reporters that [...]
Posts Tagged ‘reconstruction work’
ODA cut by 50.1 billion yen to raise recovery funds in extra budget
April 22nd, 2011 
davidguide 
Posted in Banking 
Tags: aid allocation, aid operations, budget, Cabinet, draft, foreign aid, kyodo, matsumoto, reconstruction work, yen loans 
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