Japan’s Cabinet approved a record defense budget exceeding $58 billion for fiscal 2026 amid rising tensions with China

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Japan’s Cabinet approved a record defense budget exceeding $58 billion for fiscal 2026 amid rising tensions with China

ground.news

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World News@lemmy.worldEnglish · 2 days ago

Japan Approves Record $785B Budget

ground.news

Japan's cabinet on Friday approved a record budget of ¥122.3 trillion (approximately $782-785 billion) — larger than the current fiscal year's initial budget of ¥115.2 trillion — for the fiscal year beginning in April 2026.

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