Japan will allocate an additional $665 million to the reconstruction of the earthquake zone

Japan will allocate an additional $665 million to the reconstruction of the earthquake zone


The government continues damage assessment and reconstruction activities throughout the western Noto Peninsula, where several earthquakes occurred in early January.

During his second official visit to the western province of Ishikawa, the epicenter of the earthquake, Japanese Prime Minister Kishida Fumio toured evacuation centers in the region.

Kishida, who came together with the earthquake victims, said, “A place to live is essential for life and livelihood. Financial concerns should not discourage us,” and stated that they wanted to heal the wounds immediately.

In this context, Kishida announced that they will allocate an additional 100 billion yen ($665 million) for the reconstruction activities of the Noto Peninsula in general.

Noting that they will accelerate the construction of prefabricated houses, Kishida said that they will rebuild the historical market place, which was greatly damaged by the fire in the city of Wajima.


The additional allocation in the earthquake zone will be financed from the emergency reserve funds of the fiscal year 2023 budget, which ends March 31, 2024.

A living allowance of up to 6 million yen ($39,800) will be paid per household, including families with children.

Thus, the government’s total allocation to date for post-earthquake reconstruction activities will increase to 260 billion yen ($1.72 billion).


According to the statement of Ishikawa State Governorship, 241 people lost their lives in the earthquakes that occurred in the Noto Peninsula and its coast in early January.

According to the Japan Meteorological Agency (JMA), many earthquakes with magnitudes ranging from 5 to 7.6 occurred on the Noto Peninsula and off the coast of Ishikawa between January 1-5.

During the earthquake, which destroyed many houses, there were water and power outages due to infrastructure problems, and the supply chains and the future of local tourism were also negatively affected.


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