Japan Approves Record Defense Budget for Fiscal Year 2022

On December 24, the cabinet of Japanese Prime Minister Kishida Fumio approved 5.4 trillion yen ($47.2 billion) defense spending in fiscal year 2022, starting in April, amid the increasingly tense security environment in east Asia. Including U.S. Forces realignment-related expenses allocated for mitigating impacts on local communities, this marked another record figure for the eighth year in a row in the history of Japan’s national defense budget.

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