Stealth fighters and long-range missiles: Japan’s cabinet greenlights record-breaking military budget ...News

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Stealth fighters and long-range missiles: Japan’s cabinet greenlights record-breaking military budget
Japanese government has approved a hike in military spending to address an “increasingly tough” security environment, as the country struggles under the world's largest debt and the pandemic-induced economic slump. Japan's cabinet approved on Monday the record-high $1.03 trillion budget proposal for the next fiscal year starting in April 2021. The package includes a stimulus for the economy which has been severely affected by the coronavirus pandemic and a hike in defense spending. The military will receive $51.7 billion for new planes, missiles and aircraft carriers with greater range and power. “We will strengthen the capacity necess

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