Japan weighs US$500 billion defence spending plan: sources

AI Summary

Japan’s government and ruling coalition are weighing a five-year defense spending plan of 70 trillion to 80 trillion yen beginning in April 2027. The proposed amount would be roughly 1.8 times the current allocation and reflects Prime Minister Sanae Takaichi’s effort to strengthen the country’s military capabilities.

Japan’s ⁠government and ruling coalition ⁠are considering nearly doubling defence ⁠spending over the next five years as part of Prime Minister Sanae Takaichi’s push to strengthen the country’s military capabilities, according to two people familiar with the matter. If adopted, defence build-up spending for the five years ‌from April 2027 would be set at 70 trillion to 80 trillion yen (US$457 billion to US$508 billion), up about 1.8 times from the roughly 43 trillion yen allocated under the...