Japan gov’t greenlights record $58bn defence budget amid regional tension

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Japan's cabinet approved a record $58 billion defense budget for the fiscal year beginning in April 2026. The plan, which requires parliamentary approval, aims to bolster missile, drone, and maritime capabilities amid rising regional tensions, particularly with China. This increase is part of a five-year effort to raise defense spending to 2% of GDP, a target Japan is on track to meet by March. The move comes as Japan expresses growing concern over China's actions, especially regarding Taiwan, and follows pressure from the US to increase defense spending. Japan also plans to revise its security policies by December 2026 to further enhance its military posture.
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