Shinjiro Koizumi

Follow

Defense Minister Shinjiro Koizumi said Friday that Japan's initial budget for defense spending and related costs in fiscal 2026 totals about 10.6 trillion yen ($66.5 billion), roughly 1.9 percent of its 2022 gross domestic product or around 1.5 percent using projected fiscal 2026 GDP. Japan aims to raise spending to 2 percent of GDP by fiscal 2027.

Reported by AI

Defense Minister Shinjiro Koizumi announced that Japan will launch a new office in the Defense Ministry next month to bolster defenses in the Pacific. The office aims to address challenges in protecting Japan's vulnerable eastern flank.

This website uses cookies

We use cookies for analytics to improve our site. Read our privacy policy for more information.
Decline