From The Japan Times · No Author · · 40s
Japan sets ¥60 trillion defense spending target
Japan plans five-year defense budget at ¥60 trillion amid ministry clash.
In brief
Japan plans five-year defense budget at ¥60 trillion amid ministry clash. Japan considers a five-year defense spending plan of ¥60 trillion as it revises national security documents. Originally reported by The Japan Times.
Defense spending target
Japan considers setting its total defense spending for the next five years at around ¥60 trillion.
Ministry disagreement
The Defense Ministry estimates ¥70 trillion to ¥80 trillion while the Finance Ministry argues for below ¥60 trillion.
Tax funding issue
Prime Minister Sanae Takaichi reportedly reluctant to raise taxes to fund defense spending.
Ministry battle intensifies
A battle between the Finance and Defense ministries over spending levels and funding is intensifying.
In short
Japan considers a five-year defense spending plan of ¥60 trillion as it revises national security documents.
