Japan Poised for Another Record-Busting Defense Budget

Japan's Defense Spending on the Rise

Japan is poised to approve a record-breaking defense budget for the coming fiscal year, reflecting growing concerns over regional security threats from North Korea and China.

The proposed budget of 6.8 trillion yen ($51.7 billion) represents a 2.6% increase from the current year and marks the ninth consecutive annual increase in defense spending.

The increase is driven by Japan's desire to strengthen its defense capabilities, including its missile defense systems and its ability to project power in the region.

Key Points

• Japan's defense budget is set to increase by 2.6% to 6.8 trillion yen ($51.7 billion).
• This marks the ninth consecutive annual increase in defense spending.
• The increase is driven by concerns over regional security threats from North Korea and China.