Japan's budget to hit record

Japan Cabinet OKs record defense budget as it pushes strike-back capability to deter regional threat
The Japanese Cabinet on Friday approved a record 8.7 trillion yen ($55 billion) defense budget for 2025 as Japan accelerates building up its strike-back capability with long-range cruise missiles and starts deploying Tomahawks to fortify itself against growing threats from China,
Japan's cabinet approves record budget, faces tough parliament fight
By Makiko Yamazaki TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba's cabinet on Friday approved a record $730 billion budget for the next fiscal year, while limiting new bond issuance to the lowest in 17 years on the back of record tax revenue.
Japan to Unveil Record Budget With Ramped-Up Defense Spending
The Japanese government is expected to approve a record initial budget Friday for the next fiscal year that will ramp up spending on defense and support for regional economies.
Japan in 2025 to continue record-breaking run of increased defense spending
Japan’s Cabinet has approved the country’s largest-ever defense budget for the coming fiscal year — 8.7 trillion yen, or about $54.8 billion, a 9.7% increase from this year’s budget.
Japan defense budget hits record 8.7 tril. yen amid regional threats
Japan's defense budget grew to a record 8.70 trillion yen ($55 billion) for fiscal 2025, the government said Friday, as the country continues to enhance its capabilities to address regional threats amid China's rapid military buildup and North Korea's growing ties with Russia.
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