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Japan eyes 40-45 trillion yen for 5-year defence spending plan: Sources

News2022-12-02
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Japan eyes 40-45 trillion yen for 5-year defence spending plan: Sources Prime Minister Fumio Kishida told ministers on Monday to work on a plan to lift the size of defence spending to an amount equivalent to 2% of gross domestic product within five years, from about 1% now, as Japan faces an increasingly assertive China and threats from North Korea.

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