World
Japan Defense Ministry Eyes Record ¥8.9 Trillion Budget for FY2027
Japan's Defense Ministry is considering a record ¥8.9 trillion ($60 billion) budget for fiscal 2027 to strengthen defense capabilities amid regional security challenges. The proposal, which would mark the highest ever defense spending, prioritizes missile defense, cyber, space, and deterrence. It follows Japan's commitment to increase defense spending to 2% of GDP by 2027.