Japan’s Defense Ministry Is Seeking a Record Budget for Next Year — Fortune

Japan’s defense ministry will seek a record budget of 5.16 trillion yen ($51 billion) for fiscal 2017, as tension rises in the East China Sea and North Korea steps up its missile threat, a government official with direct knowledge of the plan said. The hike of 2.3% over this year’s budget of 5.05 trillion yen…

via Japan’s Defense Ministry Is Seeking a Record Budget for Next Year — Fortune

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