Japan eyes record US$46bil budget to counter N. Korea
2017-12-17 10:05:40 source：The Star
December 17, 2017
Tokyo -- Japan plans a record US$46bil defence budget for the next fiscal year to strengthen its missile defence against the threat posed by North Korea, a report said.
The government is expected to set aside 5.19 trillion yen for defence in the country’s initial budget proposal for the fiscal year starting April 2018, the Nikkei daily said.
It will mark the sixth straight year of increases in defence outlays, topping the 5.12 trillion yen budget for the current fiscal year, the business daily said.
Read more: