{
  "id": 14874254,
  "title": "Halted for now: plan to set defense spending at 3.5% of GDP\n\nJapan's plan to set defense spending at 3.5% of GDP put on hold due to 'consumption tax cut' policy\n\nThe plan to set defense spending at 3.5% of GDP has been put on hold.",
  "url": "https://urgent.news/2026/10/16/gdp-3-5",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T03:14:55.000Z",
  "source": {
    "name": "Hankyoreh",
    "slug": "hankyoreh",
    "url": "https://www.hani.co.kr/arti/international/international_general/1282743.html"
  },
  "original_language": "ko",
  "account": "The Japanese government has decided not to include a goal of spending 3.5% of its GDP on defense in the \"Three Security Documents\", a set of national security plans. Instead, it will increase other defense-related costs to show its commitment to strengthening its military and gain understanding from the US. The decision is reportedly due to fiscal concerns, as increasing defense spending to 3.5% of GDP would require significant tax hikes. Japan's current defense budget is around 11 trillion yen, and it plans to maintain a 2% GDP ratio for defense spending.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}