Biggest Defence Budget Approved by Japan (Download PDF)

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Prime Minister Shinzo Abe’s cabinet approved 5.13 trillion yen ( $43.6 billion). It is to defence for the fiscal year starting in April 2017. It is Japan’s highest annual defence budget announced so far. It is up by 1.4 % from the initial budget for the current fiscal year.

Japanese Prime Minister Shinzo Abe

Japanese Prime Minister Shinzo Abe

Japanese Prime Minister Shinzo Abe

About Defence Budget

  • Under the new budget, Japan aims to beef up its ballistic missile defenses, allocating funds for a new interceptor missile under joint development with the United States.
  • It also earmarks funds to dispatch extra personnel to the Philippines and Vietnam to increase gathering and sharing of information.
  • The funds have been increased monitoring operations and to maintain mastery of air and sea to counter attacks against “island areas” which are disputed territory.
  • Separately, Japanese Coast Guard will increase security around the islands by allocating a record 210 billion yen. Allocation includes two new patrol ships and the hiring of 200 more personnel.
Location of Japan in world

Location of Japan in World

Location of Japan in world

About Japan

  • Japan is an island nation in the Pacific Ocean with dense cities, imperial palaces, mountainous national parks and thousands of shrines and temples.
  • Capital: Tokyo
  • Dialing code: +81
  • Currency: Japanese yen
  • Prime minister: Shinzo Abe
  • Population: 127.3 million
  • Currency: Yen

- Published/Last Modified on: December 23, 2016

Defense

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