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© (c) Copyright Thomson Reuters 2014.Advisers urge Japan to offer foreign aid to richer nations
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© (c) Copyright Thomson Reuters 2014.
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nath
I guess Abe thinks giving ODA or foreign aid to poorer nations isn't getting the desired bang for the buck. Seems like Abe and the Foreign Ministry will have to pay out a lot more than it is if it hopes to win political favor with the big boys. Abe still can't find the funds to give an education to all Japanese children, help single mothers or the poor but he is willing to help those in other countries.
Sad that Abe doesn't put his own citizenrys' needs ahead of those of other nations and only for the purpose of gaining political favor.
toshiko
The advisers said Japan should keep its policy of refraining from funneling ODA for military uses, but noted that humanitarian activities by armed forces, such as disaster relief, should not be excluded uniformly just because they are military-related.
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?????? Sound like these advisers do not know Japan do not have armed forces. 'funneling ODA for military uses"?
Kobuta Chan
Worst advice I ever heard in last 50 years.
bruinfan
This money may also be used as a form of corporate welfare. It depends on the "stings attached".
Craft Ledger
Maybe these so called Advisers were smoking some of those special herbs when they were coming up with this advice!
Ed High
The word "Offer" should be correctly changed to "Bribe" and as if Mr Spendathion Abe is getting out of control can give anymore money away! He's already borrowing $77billion per month via bonds that the BOJ has to buy, 25% of total tax revenue is now going to pay the interest of the borrowings, 50% of companies have not paid their consumption tax income to the Gov't. I feel sorry for the next mug to has to take over & try and fix the "Abenomics" disaster...(After he retires thinking he's a legend) Japan cannot afford to give wealthy nations any more "Foreign Bribe, oh sorry "Aid' money!
MyJT2014
The rich nations cannot carry on providing money to those poor countries year in year out. It is time for the rich nations to draw the line and make those governments stand up and take notes and learn how to become independent just like everyone else. Whatever the issues are, cultural, political, religion these issue must be resolved by them but one else. At the end of the day they have to help themselves. Giving them all the educations, knowledge and tools that they needs and the rest is up to them.
Give a man to fish he'll eat for a day - Teach a man to fish he'll eat for a lifetime.
fxgai
With public debt at 1,025 trillion yen, annual tax revenues of 50 trillion yen, and spending of 90 trillion yen I think it's Japan that needs the ODA.
As well as a good spanking for all those responsible for bringing Japan's finances to this state.
StormR
Where is China in the ODA scheme of things the worlds second largest economy doesn't even rank forth in Aid ?
That alone speaks for itself, I think Japan's contribution is far more than enough.
toshiko
@Mr. PerfectJUN. 27, 2014 - 08:59AM JST Advisers to Japan’s foreign minister urged the government to.... I'm sorry but did I miss in this article who these advisers are, their credentials or how they were given the task of informing the Foreign Ministry on ODA?
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I have the same question. Did anyone find? If Japanese are advisers, JT articles usually mention. Better help own .people such as Fukushima victims. Advisers might be planners from richer countries to steal from Japan.
danalawton1@yahoo.com
Yeah... as long as the Yen is still strong.... keep printing it. At some point the rest of the world will realize how worthless it has become.
Frungy
... my tax money, some rich country's pockets? ... ummm... not thanks. I have no problem giving money to people who need it, but giving money to people who don't need it? Reality check?
Charity begins at home. How about cutting the individual tax rate Abe?
Knox Harrington
Hm, you think wrong. I described Japan.
Okikibi
Hahaha One man's "aid" is another's bribe.
nath
I'm sorry but did I miss in this article who these advisers are, their credentials or how they were given the task of informing the Foreign Ministry on ODA?
Nenad Jovanović
@Knox Harrington
Hm, I think you described US government with this .
Knox Harrington
warispeace,
Yep, this all just sounds like a way to make it easier for the corporatocracy that is Japan to funnel money into the pockets of their buddies, all the while patting some backs and smiling at the populace, who, understands nothing of what is going on.
sangetsu03
Most foreign aid ends up being absorbed by administration, kickbacks, and widespread corruption, with only a few cents per dollar actually making it to those who need it. Giving foreign aid to wealthier countries is even worse because all of the money goes to contractors, and special interests, with a certain amount being kicked back to the aid providers. This is yet another cost which already overburdened taxpayers must cough up.
warispeace
Behind this is probably the idea to copy the US when it gives so-called "aid" to Israel that is actually used for weapons and is just another example of corporate welfare for the military industry. Abe probably wants to also help shift public money to corporate friends such as Mitsubishi Heavy Industries.
some14some
Welcome move provided : 1. No stinges attached 2. No hidden cost - Dream On(?) then forget.