Japan's defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a plan to boost defence spending by 43 trillion yen over five years.
to double defence spending to 2% of gross domestic product by 2027 as it faces up to an increasingly assertive China and unpredictable North Korea.sharply with Japan last week beginning to dump treated radioactive water from its wrecked Fukushima nuclear plant into the sea. China has condemned the release and banned Japanese seafood imports.
The defence ministry plans to set aside more than 900 billion yen to secure ammunition and weapons, including new ship-to-air missiles, according to the budget request. The budget includes funding for three new landing ships, for a total of 17 billion yen, 17 transport helicopters, for more than 300 billion yen, and a new specialised transport team to improve deployment capabilities, the defence ministry said in its request.
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