Mr. Teruhiko Kawato, President of the Board of Audit of Japan (the Board), submitted the fiscal year 2016 audit report to Prime Minister Shinzo Abe. The report, containing results on audits the Board conducted between 2016 and 2017, includes…
In 2016, a 7.8 magnitude earthquake rocked the Ecuadorian coast, constituting one of the most catastrophic tragedies in the history of the country. The quake left 663 people dead, 6,274 injured, 80,000 people displaced, great damage to infrastructure and more than 2,300 aftershocks in the following months. Consequently, reparation measures cost approximately 3,344 USD million, challenging the…