Japan: Ruling Party Seeks Military Spending Boost

Source: Defense Post

“Japan’s ruling conservatives unveiled their campaign platform Tuesday, saying they would aim to boost defense [sic] spending, possibly even doubling it, to counter threats from China and North Korea. The long-ruling Liberal Democratic Party, led by new Prime Minister Fumio Kishida, is campaigning to maintain its majority in parliament in October 31 elections. It announced pledges on Tuesday including tackling the pandemic and working to boost the middle class. … it laid out longer-term policy goals including expanding Japan’s defense [sic] budget beyond two percent of GDP, a ratio that would put it on par with members of the North Atlantic Treaty Organisation (NATO), the party said. That would mark a departure from Japan’s political tradition of capping defense [sic] spending below one percent of its GDP, which stands around $5 trillion.” (10/12/21)

https://www.thedefensepost.com/2021/10/12/japan-defense-spending-boost/