Japanese cabinet approves defence budget of $55 billion for 2023 – 20% more than in 2022

Japanese cabinet approves defence budget of $55 billion for 2023 – 20% more than in 2022

Tokyo: In its national security policy released last week, Japan signalled a record increase in defence spending. Accordingly, in the Friday cabinet meeting, Japan approved a defence budget of $55 billion for 2023. Compared to 2022, Japan has increased its defence spending by a whopping 20 per cent in the next year. Japan said this […]

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Japan proposes defence budget of over $40 bn to counter threats from China and North Korea

Japan proposes defence budget of over $40 bn to counter threats from China and North Korea

Tokyo: Japan’s defence ministry has proposed a more than $40 billion budget to counter the growing threats from China and North Korea. This includes provision for hypersonic missiles, standoff missiles, aircraft carriers, drones, and advanced fighter jets. The budget proposed by the Japanese Ministry of Defence is the highest to date. Apart from this, sources […]

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US President Donald Trump proposes a Defence Budget of $740 billion.

US President Donald Trump proposes a Defence Budget of $740 billion.

Washington: US President Donald Trump proposes a Defence Budget of $740 billion. He asserts that the modernisation of the defence forces has been prioritised, given the challenges posed by Russia and China. President Trump has maintained this defence policy for the last three years. White House has expressed confidence by saying ‘There is a looming […]

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President Trump to increase defence expenditure by underlining threat from Russia and China, claim US officials

President Trump to increase defence expenditure by underlining threat from Russia and China, claim US officials

Washington: The US President Donald Trump will announce the defence expenditure budget of USD 716 billion, an increase of 7% over the previous year. President Trump is likely to suggest this increase in the defence expenditure by underlining the increasing threat from Russia and China, claimed two senior US officials. The Trump administration has not […]

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