Tokyo submits record defense budget to counter threats from North Korea, China
$6.8 billion extra budget includes spending to enhance missile defense as Kishida warns of DPRK’s weapons development
Prime Minister's Office of Japan Official Twitter | Japanese Prime Minister Fumio Kishida speaks at an economic forum, Nov. 19, 2021
Japan is poised to boost its defense spending by another $6.8 billion (770 billion yen) to combat threats from North Korea and China, expanding its defense budget to its highest-ever amount.
Prime Minister Fumio Kishida’s cabinet approved the increase on Friday, pushing the country’s annual defense spending to over $53.2 billion (6.1 trillion yen) for the first time and exceeding last year’s budget by over 15%.
Japan is poised to boost its defense spending by another $6.8 billion (770 billion yen) to combat threats from North Korea and China, expanding its defense budget to its highest-ever amount.
Prime Minister Fumio Kishida’s cabinet approved the increase on Friday, pushing the country’s annual defense spending to over $53.2 billion (6.1 trillion yen) for the first time and exceeding last year’s budget by over 15%.
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