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The Financial Express

Japan increases its defence budget

| Updated: October 22, 2017 01:19:42


Japan increases its defence budget

SURPRISINGLY Japan's Shinzo Abe Government is going to increase its national defence budget for the next fiscal year 2017/18 by $52.00 billion dollars to counter recent military threats and global challenges.
Actually, the Ministry of Defence is expected to get a defence budget for the next fiscal year which is 2.3 per cent higher than the current year.
The cabinet has already approved the budget which is however slightly lower than the amount requested by the Ministry.
Sherazur Rahman
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