Japan confirms 11438 dead, over $300b damage in tsunami-quakeMarch 31, 2011 - 13:42 AMT PanARMENIAN.Net - This month's catastrophic quake and tsunami could cost Japan's government in excess of 25 trillion yen ($300 billion), an official said Thursday, March 31. Deputy Finance Minister Mitsuru Sakurai told reporters that authorities are currently planning a supplemental budget, in an effort to immediately inject money and resources into the hardest hit areas outside of the standard annual budget process. He said that the cost of that bill alone could top 10 trillion yen. Meanwhile, officials are also trying to grasp the overall economic impact of the disaster - as well as how much money the national government will put toward reconstruction efforts. Right now, Sakurai said the estimates range from 16 trillion to 25 trillion yen. "(But) we might have to consider to put more money in," he said. This is all in response to a devastating March 11 disaster that rocked northeastern Japan, at a steep financial and human cost. As of Thursday afternoon, 11,438 were confirmed dead from the March 11 earthquake and subsequent tsunami, according to Japan's National Police Agency. There are 16,541 missing and 2,873 injured, CNN reports. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |