Fortifying the Front Line: Tokyo Fast-Tracks Record Defense Spending
Defense World·2026-01-01 06:32
In a decisive move reflecting a rapidly changing security landscape, the Japanese Cabinet has officially endorsed a historic defense budget proposal of more than 9 trillion yen ($58 billion) for the upcoming fiscal year. This financial commitment, set to begin in April 2026, represents a 9.4% increase from the previous year. Get alerts: It marks a significant milestone in the nation’s five-year roadmap to double its military expenditure to 2% of its gross domestic product (GDP), a target the administrati ...