Japan Weighs $500 Billion Defense Spending Plan, Sources Say
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6 Articles
Japan's government and the ruling coalition are considering nearly doubling defence spending over the next five years, as part of Prime Minister Sanae Takaichi's efforts to strengthen the country's military capabilities, have revealed to Reuters two people familiar with this issue. If adopted, the defence strengthening spending for the five years from ...
Japan weighs US$500bil defence spending plan, sources say
TOKYO: Japan's government and ruling coalition are considering nearly doubling defence spending over the next five years as part of Prime Minister Sanae Takaichi's push to strengthen the country's military capabilities, according to two people familiar with the matter.
Japan is considering a defense spending plan worth about 500 billion dollars for the next five years, reports the Japanese newspaper Japan Times, calling with
Japan's Ministry of Defense revealed yesterday (1st) that it has estimated the total budget for the "Defense Force Buildup Plan" for the five-year period beginning in fiscal year 2027 to be approximately 80 trillion yen (about NT$16.56 trillion). This plan is one of the three security documents to be revised by the end of the year. Multiple government sources confirmed this news. This figure is approximately 1.8 times the current five-year plan …
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