The allocation was to help them recover from droughts, floods and earthquakes, MEM said Friday.
Out of the total funds, 1.16 billion yuan will be used for relieving droughts and floods and purchasing relief materials in 12 provincial-level regions.
This include Inner Mongolia, Jiangsu, Anhui, Fujian, Jiangxi, Shandong, Hubei, Hunan, Guangxi, Chongqing, Guizhou and Yunnan.
The remaining 160 million yuan will be channeled to Sichuan Province, which was struck by a 6.0-magnitude earthquake earlier in June.
The earthquake hit Changning County in the city of Yibin at 10:55 p.m. on June 17, killing 13 people and leaving 220 injured.