Japan Defense Ministry Eyes Record 8.9-T.-Yen Budget for FY 2027
Tokyo, Aug. 31 (Jiji Press)--Japan's Defense Ministry said Monday that it will ask for a record 8,890.8 billion yen under the government's budget for fiscal 2027, which starts next April. The figure is based on the existing Defense Buildup Program, which sets the country's defense spending at around 43 trillion yen for the five years through fiscal 2027. As the budget request includes ma...
Japan's Defense Ministry has announced plans to seek a record-breaking budget of 8,890.8 billion yen for fiscal 2027, which begins in April. This substantial request is based on the existing Defense Buildup Program, which estimates defense spending to be around 43 trillion yen over the five-year period leading up to fiscal 2027.
However, certain elements of the budget request involve unspecified amounts due to their dependability on future revisions of key security-related documents. The Ministry intends to update these documents this year, thereby impacting spending for various measures outlined in the budget request. Noteworthy components of the proposed budget encompass the application of artificial intelligence and drone technology in defense strategies as a primary focus, alongside organizational restructuring initiatives.
These include the creation of a new agency aimed at assisting retired members of the Self-Defense Forces and their families.
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