record defense budget
Japan seeks record defense budget with spending for new technologies
The Defense Ministry on Tuesday requested a ¥5.4 trillion ($49 billion) budget for fiscal 2022, aiming to accelerate enhancement of capabilities in new domains and promote the development of new technologies to deal with China's growing military presence. The request would exceed a record ¥5.3 trillion allocated in the initial budget for fiscal 2021 started in April, rising for the tenth consecutive year. It does not include outlays linked to hosting U.S. military bases, which have been about ¥200 billion annually. The ministry said it also left out the cost of upgrading 70 F-15 fighter jets. It aims to install Lockheed Martin's air-to-surface standoff missile and will continue negotiations with the United States to decrease the estimated total cost of ¥398 billion.
Japan to seek record defense budget topping ¥5.4 trillion
The Defense Ministry will seek another record budget of over ¥5.4 trillion ($49 billion) for fiscal 2022, aiming to beef up its capabilities around remote southwestern islands to counter China's growing naval activities, government sources have said. The request would exceed the ministry's highest-ever ¥5.3 trillion initial budget for fiscal 2021, which started in April, and also reflects an increase in the cost to develop cutting-edge technologies, such as unmanned aircraft using artificial intelligence, the sources said Thursday. The defense budget could further expand, possibly topping 1% of Japan's gross domestic product, when it is finalized in December, as the request excludes outlays linked to hosting U.S. military bases. Japan's defense budget has long stayed at around 1% of its GDP, in light of the country's postwar pacifist Constitution and since the Cabinet decided in 1976 that the outlays should not exceed 1%. The last time the defense expenditure exceeded 1% was in fiscal 2010, when the GDP shrank sharply following the 2008-2009 global financial crisis.