Japanese Defense Ministry Prepares Record High $58.5Bln Budget for 2025 Financial Year

Aug 30th 2024 3:04pm EDT

TOKYO (Sputnik) – The Japanese Defense Ministry on Friday submitted a record high budget of 8.5 trillion yen (about $58.5 billion) for the next financial year, which starts from April 1, 2025 to March 31, 2026, in order to strengthen the country’s defense capabilities.

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