Japan PM: need sizable post-quake 2nd extra budget

Prime Minister Naoto Kan said on Friday that Japan needs a sizable second extra budget for reconstruction after the March 11 earthquake and tsunami, Jiji news agency reported.

"We must compile a second extra budget of a significant size," Kan was quoted by the governor of Iwate prefecture as saying in a meeting, Jiji said. Iwate was heavily affected by the quake and tsunami. The Japanese government approved an initial extra budget for disaster relief on Friday, which it aims to submit to parliament next week. (Reuters)