Japan’s Ministry of Defence reportedly wants to spend at least US$240 billion over the next five years, including on new American equipment
The Ministry of Defence wants to spend at least 27 trillion yen (US$240 billion) between April 2019 and March 2024, with the spending rising an average 1.1 per cent per year, exceeding the 0.8 per cent average during the five years ending next March, the report said without identifying its sources.