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World News

Japan senior lawmaker: Need $140 billion on disaster, infrastructure spending over five years

TOKYO (Reuters) - A senior official from Japan’s ruling Liberal Democratic Party (LDP) on Tuesday said the government needs to spend roughly 15 trillion yen ($140 billion) over five years on disaster relief and infrastructure.

LDP lawmaker Hiroshi Moriyama also said there was no talk during a meeting of ruling party officials on the size of actual spending that needed to be in the third extra budget.

Reporting by Yoshifumi Takemoto, writing by Daniel Leussink; Editing by Chang-Ran Kim

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