Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,198,713 members, 7,969,082 topics. Date: Monday, 07 October 2024 at 07:03 PM

Japan’s On Brink Of Becoming World’s Third-largest Military Spender - Nairaland / General - Nairaland

Nairaland Forum / Nairaland / General / Japan’s On Brink Of Becoming World’s Third-largest Military Spender (61 Views)

Money Saver VS Money Spender: How To Manage Money As Couple / How To Be A Wise Spender / Nigerian Lady Brags About Being A Spender As She Flaunts Money (2) (3) (4)

(1) (Reply)

Japan’s On Brink Of Becoming World’s Third-largest Military Spender by bcreporter: 3:33pm On Aug 30
Japan’s Defense Ministry has asked for an unprecedented budget of 8.5 trillion yen ($59 billion) for the upcoming financial year as the nation faces growing military threats from China.

The proposed budget, which would be Japan’s largest ever, is part of its plans to bolster its defense capabilities, particularly in the southwestern islands, where tensions with Beijing are intensifying.

The proposal, which still needs to be submitted to the finance ministry for final approval, marks the third year of Japan’s ambitious five-year military expansion plan.

The government plans to allocate 43 trillion yen ($297 billion) by 2027, effectively doubling its annual defense spending to around 10 trillion yen.

https://trendburst.com.ng/japans-on-brink-of-becoming-worlds-third-largest-military-spender/

(1) (Reply)

The Crucial Role Of Choosing The Right Link Building Company For Ecommerce Brand / Offa Students Union NHQ Holds Annual Summer School Competitions / Amadi-obi Tasks Visual Artists On Commercialisation Of Work

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.