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· Absolute Shockers · ECONOMY

157 Billion USD: Japan's Quake Budget For Reconstruction

We had written about Japan earthquake statistics. We spotted this today:

"Japan's government has approved a 12.1tn yen ($157bn; £100bn) budget for the reconstruction of areas devastated by the earthquake and tsunami.

The extra budget is the latest effort by authorities to stimulate growth in the Japanese economy, which is currently in recession."

Statistics Source: BBC

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