Japanese government planning a huge spike in funding for defense due to global tensions
Fox News
Japan's Liberal Democratic Party – the country's right-wing, long-ruling party – is proposing a sharp spike in defense spending as international tensions continue to build.
"With the defense spending target of more than 2% of GDP for NATO nations in mind, our country also aims to realize that the budget meets a level necessary to fundamentally reinforce defense capabilities in five years," the proposal reads, according to the Japan Times.
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