Japan adds $6.75 billion to military budget in rush to bolster air and sea defenses
CNN
Japan plans to add $6.75 billion to its already record annual military spending in a rush to bolster air and maritime defenses as it becomes more concerned about threats posed by China and North Korea.
Prime Minister Fumio Kishida's government on Friday approved the outlay as part of a supplementary budget. While such additions to defense spending are common, the 774 billion yen that lawmakers will be asked to approve is the largest amount ever, according to Japan's Ministry of Defense.
"As the security environment around Japan worsens at unprecedented speed, our urgent task is to accelerate the implementation of various projects," the Defense Ministry said in its spending proposal.
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