Japan's Defense Ministry requests 8.89 tril. yen budget for FY 2027
TOKYO (Kyodo) -- Japan's Defense Ministry on Monday submitted a record budget request of 8.89 trillion yen ($56 billion) for fiscal 2027, as the count
Japan's Defense Ministry has requested an unprecedented 8.89 trillion yen budget for the fiscal year 2027, reflecting the nation's intensified defense expansion efforts to address escalating security concerns from China, Russia, and North Korea. This request, which may increase to roughly 10 trillion yen by year-end negotiations, is the largest defense budget allocation in Japan's history and builds upon a five-year, 43 trillion yen plan initiated in fiscal 2023.
The ministry's budget proposal for the previous fiscal year, 2026, was approximately 8.8 trillion yen, with the budget enacted in April reaching around 9 trillion yen.
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