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Japan's FY 2024 defense budget expands to record 7.9 trillion yen

Published: December 22, 2023

The Japanese government approves a record-high 7.9 trillion yen ($56 billion) defense budget for fiscal 2024, as the nation continues to invest in longer-range strike capabilities under a five-year plan to fundamentally revamp its defense posture.

Source: kyodonews.net

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