Japan is considering doubling its defense spending over the next five years
Japan's current five-year defense plan allocated 43 trillion yen, with a proposed spending increase to 70-80 trillion yen over five years. A weaker yen has raised procurement costs. The plan initially set spending at ¥27.5 trillion, increasing to 70-80 trillion yen.
- The current five-year plan allocated roughly 43 trillion yen.
- A weaker yen has pushed up the cost of defence equipment procurement.
- The current defense consolidation program increased planned spending from an initial allocation of 27.5 trillion yen.
Outlets: ANSA, Free Malaysia Today, GMA News, HotNews.ro, N1 Srbija, SCMP Asia, The Jakarta Post, The Japan Times
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