Japan considers setting five-year defense spending plan at ¥60 trillion
The Defense Ministry estimates that necessary defense expenditures for the five-year period will total ¥70 trillion to ¥80 trillion.
Japan is contemplating establishing a five-year defense budget of approximately ¥60 trillion, as it revises crucial national security documents by year-end. The Ministry of Defense anticipates that the required defense spending over the five-year span will amount to between ¥70 trillion and ¥80 trillion, while the Finance Ministry contends that the spending should remain under ¥60 trillion, according to sources.
Prime Minister Sanae Takaichi's reluctance to increase taxes for defense funding is fueling a clash between the Finance and Defense ministries over the budget's magnitude and the strategy to obtain the necessary funds.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
