NewsWorld

50 billion USD budget for the Japanese army

UNITED STATES, WASHINGTON (OBSERVATORY) — In December 2018, Tokyo again validated a “record” budget for self-defense forces, amounting to 5,260 billion yen [$ 47 billion], which corresponded more or less to the request made a few months earlier, as reported by the Japanese Ministry of Defense.

This relatively significant increase [+2% approximately] was to finance the acquisition of six F-35 A combat aircraft, ground-based AEGIS missile defense systems and begin the transformation of “helicopter destroyers”.

From the Izumo class as an aircraft carrier. And it was part of a five-year plan to strengthen Japan’s defense. For Tokyo, such an effort was needed to cope with the “rising regional security challenges” embodied by North Korea and to respond to the “strong concerns” raised by China’s increased military capabilities.

However, and as Nippon.com points out, the level of the Japanese military budget remains quite modest, even though it is fashionable to talk about “record” spending since Shinzo Abe took office as prime minister. Indeed, even if it seems important, it remains “less than 1% of Japan’s total GDP. ”

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