Japan Releases Record-High Defense Budget For 2021

 

Reuters: Japan sets record $52 billion military budget with stealth jets, long-range missiles 

TOKYO (Reuters) - Japanese Prime Minister Yoshihide Suga’s government approved a ninth consecutive rise in military spending on Monday, funding the development of an advanced stealth fighter and longer-range anti-ship missile to counter China’s growing military power. 

The Ministry of Defense will get a record 5.34 trillion yen ($51.7 billion) for the year starting in April, up 1.1% from this year. 

With Suga’s large majority in parliament, enactment of the budget is all but certain.

Suga is continuing the controversial military expansion pursued by his predecessor, Shinzo Abe, to give Japan’s forces new planes, missiles and aircraft carriers with greater range and potency against potential foes including neighboring China. 

Read more .... 

 More News On Japan Releasing A Record-High Defense Budget For 2021 

Japan releases record-high budget, but not all programs made the cut -- Defense News 

Japan's Cabinet approves record defense budget -- DW 

Japan's defense budget hits new high in FY 2021 amid China threats -- Kyodo News 

Japan Cabinet Approves Record Defense Budget in Face of China Threats -- Bloomberg 

Japan to boost defence weapons amid China fears -- Straits Times 

Japan sets record military budget with stealth fighters, missiles -- Al Jazeera 

Japan Increases its Defence Budget to Record $52 Billion for Stealth Jets and Long-Range Missiles -- Sputnik Stealth fighters and long-range missiles: Japan’s cabinet greenlights record-breaking military budget -- RT

from War News Updates https://ift.tt/3axkQTl