Welcome to AsiaBizTech Web Site

 
Top Page
Site Map
News at a Glance Member Services AsiaBizTech Resources



Advanced Search


(Nikkei BP Group)



(No.1 High-Tech News Site in Japanese)

















  • Japanese Gov't Spends Less on Y2K Problem Than U.S., Britain
  • December 7, 1998 (TOKYO) -- A Japanese government report showed that the budget appropriated for Year 2000 measures is a fraction of the money being spent by the United States and Britain.
    The report revealing the present state of the government's measures to deal with the year 2000 problem was made public on the home page of the Prime Minister's official residence on Dec. 2.

    The report is at http://w ww.kantei.go.jp/jp/pc2000/jyoukyou.html (in Japanese)

    According to the report, the "budget to cope with the 2000 year problem" was 9.8 billion yen (US$82.6 million) for fiscal year 1998 and 24.8 billion yen (US$209 million) for fiscal 1999, bringing the total for two years to only 34.6 billion yen (US$291.6 million).

    By comparison, the U.S. government's budget plan on the same issue is reported to be about US$5.4 billion (about 659 billion yen) in total and the British government has appropriated about 3 billion pounds (about 606 billion yen). Compared with these figures, the Japanese government's budget is far less than that of the United States or Britain.

    (Nikkei BP Y2K Web Site)



    <Visit News Center for more Asian news.>



    Copyright © 1997-98
    Nikkei BP BizTech, Inc.
    All Rights Reserved.
    Updated: Fri Dec 4 15:43:09 1998 PDT