The Japanese government has approved a record increase in its defense budget
Marking its fifth straight annual increase, the Japanese government has approved a record increase in its defense budget. Marking a rise of 1.4 percent from the initial budget for the current fiscal year, Prime Minister Shinzo Abe approved the $43.6 billion (5.13 trillion yen) budget for the country’s defense, for the fiscal year starting in April. The recent rise in
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