Japan defense ministry asks for $40-B budget

By Agence France-Presse

Sep 01, 2022 12:17 am

TOKYO: Japan's defense ministry requested a $40-billion budget on Wednesday, pointing to the war in Ukraine and warning that the world faces its 'toughest challenges' since World War 2.

The East Asian country's defense spending has risen almost annually over the last decade, but pressure has grown more following Russia's invasion of Ukraine and China's growing pressure on Taiwan.

MONEY, MONEY This April 20, 2022 file photo shows 10,000-yen banknotes in Japan’s capital Tokyo. Xinhua PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Vietnamese fishing boat crew hurt in South China Sea attack

Montana man to be sentenced for cloning giant sheep to breed large sheep for captive trophy hunts

Who were the 7 high-ranking Hezbollah officials killed over the past week?

As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers

Harris trolls Trump at Vegas rally and LA fundraiser, says her crowds are 'pretty big'

Local police chief jailed for 3 years over deadly South Korea crowd crush

Epic Games sues Google and Samsung over app store