Japan plans record $56B defence spending

19 hours ago

Japan’s Defence Ministry plans to seek a record $56 billion (8.9 trillion yen) in defence spending for fiscal 2027, as Tokyo accelerates its military buildup amid growing regional security concerns, Kyodo News reported on Saturday. The budget request, to be submitted by the end of August to the Finance Ministry, could rise further during year-end negotiations. A senior government official said total