Japan to spend $318 billion for 5-year defence plan - minister
- Country:
- Japan
Japan's prime minister has ordered the government to earmark around 43 trillion yen ($318 billion) for the upcoming five-year mid-term defense buildup plan, Defence Minister Yasukazu Hamada said on Monday.
The source of the funding, including tax policy details, will be decided by the end of the year at the ruling coalition policy platforms, Finance Minister Shunichi Suzuki separately said.
Hamada and Suzuki were speaking to reporters after meeting Prime Minister Fumio Kishida at his office. ($1 = 135.2600 yen)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Defence
- Suzuki
- Yasukazu Hamada
- Japan
- Shunichi Suzuki
- Kishida
Advertisement
ALSO READ
Ukraine’s allies not giving enough air defence, minister says
Big boost to Make in India: Maruti Suzuki touches milestone of manufacturing 3 crore cars cumulatively
AFU secures R43 million preservation order against former DRC defence attaché
Two Russian strategic bombers flew over Barents and Norwegian seas - defence ministry
Japan, U.S., Philippines to form defence network against cyberattacks, Nikkei says