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Japan boosts industrial participation efforts

Japan s Cabinet approves largest-ever defense budget for coming fiscal year - Pacific

By HANA KUSUMOTO | STARS AND STRIPES Published: December 21, 2020 TOKYO Japan’s Cabinet approved the nation’s largest-ever defense budget on Monday, about 5.34 trillion yen, or $52 billion, for the next fiscal year. The proposed budget for fiscal year 2021, starting in April, is a 0.5% increase over this year’s budget of 5.32 trillion yen, or $51.5 billion, and is the ninth consecutive increase in the national defense budget. The budget also allocated 293 billion yen, about $2.8 billion, for costs related to realignment of U.S. forces in Japan. That’s a slight increase over this year’s initial budget of 263.8 billion yen, or $2.5 billion. This budget is the first approved by the new Cabinet under Prime Minister Yoshihide Suga, who took office in September. Suga pledged to stay the course set by his predecessor Shinzo Abe, who expanded the Self-Defense Force’s role and its capabilities.

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