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Japan expands defence budget to $46 billion against North Korea threat

The defence budget rose for the sixth consecutive year, as Tokyo seeks to bolster its military in the face of threats from the regime in Pyongyang

PTI/AFP  |  Tokyo 

Japan's defence budget will swell to a record $46 billion for the next fiscal year, the government said today, as the nation shores up its missile shield against the threat posed by North Korea. The defence spending was part of an $860-billion national budget for the fiscal year starting in April, also a record as medical and social welfare costs snowball in Japan's rapidly ageing society. The defence budget rose for the sixth consecutive year, as Tokyo seeks to bolster its military in the face of threats from the regime in Pyongyang, which has fired two missiles over the country ...

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First Published: Fri, December 22 2017. 10:57 IST
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