Special
report: Reconstruction After
Earthquake¡¡
BEIJING, Nov. 26 (Xinhua) -- The Chinese Ministry of
Finance said Wednesday it had earmarked 20 billion yuan (2.9 billion U.S.
dollars) from the 2009 central budget for reconstruction in regions devastated
by the May 12 earthquake in southwest China.
The fund was allocated to quake regions on top of the
70 billion yuan, which the central government promised for this year.
The 20-billion-yuan fund had been transferred in
advance to the provinces of Sichuan, Gansu and Shaanxi to support reconstruction
in the fourth quarter and also for the first quarter of next year, the ministry
said.
The new money was also meant to speed up construction
of housing projects, hospitals, schools and other reconstruction projects, it
said.
The hardest hit Sichuan Province would receive 17
billion yuan, while Gansu would get 2 billion yuan and Shaanxi 1 billion yuan,
according to the ministry.
In the meantime, another 13.3 billion yuan from the
2008 budget was handed over to these provinces, with 11.3 billion yuan to
Sichuan, 1.27 billion yuan to Gansu and 740 million yuan to Shaanxi.
The latest release from this year's budget had
brought the central government's reconstruction fund to a total 63.35 billion
yuan so far this year, the ministry said.