TOKYO (Reuters) - Japan's Ministry of Defence is seeking a fourth straight annual military budget hike to help fortify the country's far-flung island chain in the East China Sea, close to ocean territory claimed by Beijing.
In a document submitted to the government on Monday, the ministry asked for a 2.2 percent increase in military spending to 5.09 trillion yen ($42.38 billion) for the year starting in April. If approved, the new defence budget would be Japan's biggest in 14 years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!