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Japan’s PM seeks to up defence budget to 2% of GDP in fiscal 2027

Social News XYZ
 2022-11-28

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Tokyo, Nov 29 (SocialNews.XYZ) Japanese Prime Minister Fumio Kishida has required cabinet Ministers to increase Japan's defence budget to around 2 per cent of GDP in the fiscal year of 2027.

As Japan moves to expand its defence budget in the year starting April 2027, Kishida gave those instructions to Defence Minister Yasukazu Hamada and Finance Minister Shunichi Suzuki on Monday.

This is the first time that the Prime Minister has stated the specific level of defence costs, loc......

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