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ECONOMY > Agriculture

MAFF requests 458.4 billion budget increase for land reform

  • August 27, 2016
  • , Mainichi , p. 6
  • JMH Translation

The Ministry of Agriculture, Forestry and Fisheries (MAFF) on Friday announced that it will make a FY 2017 budget request that includes 458.4 billion yen for agricultural land reform. It is a 20% increase from the initial budget allocated for the same purpose last year. MAFF intends to promote the consolidation of farmland to strengthen Japan’s agricultural competitiveness.

 

MAFF will submit a 2.635 trillion yen budget request for FY2017, a 14.1% increase from the FY2016 initial budget. The ministry seeks to advance the activities of intermediary institutions that consolidate unused farmland and least it in bulk to active farmers. (Abridged)

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