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New Japan PM to Advance Defence Spending Target: Reports
Prime Minister Sanae Takaichi accelerates Japan's defense spending increase to 2% of GDP by 2025 amid regional security threats from China and North Korea, officials said.
- Prime Minister Sanae Takaichi plans to move up Japan's defence spending target to 2 percent of GDP to fiscal 2025 and will announce the change in her first policy speech in parliament on Friday.
- Growing security threats from China and North Korea have pushed Prime Minister Sanae Takaichi to seek a new coalition with the Japan Innovation Party after the Komeito party pulled out.
- Using a supplementary budget for fiscal 2025 through next March, Prime Minister Sanae Takaichi will say she plans to revise three defence and security documents by next year, according to Kyodo and the Asahi.
- Financial markets reacted to her fiscal stance as Sanae Takaichi, Prime Minister, will stress strengthening defence capabilities and maintain the LDP's push for nuclear power and renewable energy.
- Days before a U.S. presidential visit, Toshimitsu Motegi, Foreign Minister, said Tokyo will tell U.S. President Donald Trump it prioritizes strengthening defence based on key security documents.
30 Articles
30 Articles
New Japan PM to advance defence spending target: Reports
TOKYO: Japan's new Prime Minister Sanae Takaichi aims to achieve the target of spending 2 per cent of GDP on defence two years early, media reports said days before a visit by US President Donald Trump.Long-pacifist Japan has moved towards a more muscular defence policy but with an eye on China, Washington �
Daily Journal
New Japan PM to advance defence spending target: reports
Japan's new Prime Minister Sanae Takaichi aims to achieve the target of spending two percent of GDP on defence two years early, media reports said days before a visit by US President Donald Trump.
The draft of Prime Minister Sanae Takaichi's first policy speech, due to be delivered during the ongoing extraordinary Diet session, was revealed on the 22nd. She pointed out that the revision of three security-related documents, which are aimed at further increasing defense spending, is due to "changes in the international situation and the emergence of new ways of fighting."
Japan’s newly elected Prime Minister, Sanae Takaichi, plans to announce a substantial increase in Japan’s military spending, which will reach 2% of GDP for fiscal year 2027. The change, confirmed by a draft of her next leaked political speech to Kyodo News, marks a new stage in Japan’s defense policy and reflects growing concern for security in Asia-Pacific.
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