A portion of the massive budget would be used to develop new weapons systems, including a hypersonic missile The Japanese Defense Ministry has requested more than 5.5 trillion yen ($40.4 billion) for its 2023 budget, the biggest in the country’s history. The move comes after Prime Minister Fumio Kishida vowed to “substantially increase” military spending over the next five years. The ministry unveiled the budget proposal on Wednesday, asking the government to approve 5.59 trillion yen for the next fiscal year. If authorized, the figure would top last year’s record military budget of 5.4 trillion yen ($38.6 billion
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