Japanese Cabinet Approves $47B Defense Budget
Japan’s Cabinet approved a record 5.4 trillion yen (U.S. $47 billion) for its defense budget for fiscal year 2022, marking a record high for eight consecutive years, amidst Japanese concern about its capabilities to meet the threats posed by China, North Korea and Russia. The budget covers a wide field ranging from procurement, upgrades, capability […]
Source: usni.org