General

Japan steps up budget on defence,sets $43.6trn.

japan-steps-up-budget-on-defence-sets-43-6trn

The announcement by Prime Minister SHINZO ABE comes in the face of territorial disputes with China and North Korea’s nuclear and missile threats.

Much of the spending will towards boosting the country’s fighter jets and submarines fleets, while a separate coastguard budget will also be raised sharply.

The defence plans are part of a ninety-seven point five trillion Yen budget for the Japanese financial year starting 1st of April 2017.

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