Thursday, January 10, 2013

Japan To Boost It's Military Budget

Japan To Boost Military Budget Amid Regional Tensions -- Christian Science Monitor

The budgetary shifts are relatively modest but reverse the course of the past decade. The move comes at a time when Japan is increasingly at odds with China over disputed islands in the East China Sea.

Japan's Defense Ministry will request a second boost to its military budget, according to reports, just a day after the government announced the first Defense budget increase in 10 years. The boosts, although relatively modest compared with Japan's overall defense spending, coincide with increasing tensions in the Asia Pacific region.

Japan's Defense Ministry intends to ask for 180.5 billion yen ($2.1 billion) from a government stimulus package – on top of an increase of more than 100 billion yen ($1.1 billion) to its military budget announced earlier this week – in order to upgrade its air defenses, according to the BBC.

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More News On Japan Increasing It's Defense Budget

¥180 billion in extra defense outlays eyed -- Japan Times
Japan seeks to boost military spending -- BBC
Japan boosts defence spending 'in response to China' -- BBC
Sea row spurs $2bn Shinzo Abe defence spend -- The Australian
Official: Japan Plans $2.1B Military Spend In Stimulus Package -- Defense News/AFP
Japan Defense Ministry Seeks 212 Billion Yen Amid Island Dispute -- Bloomberg
Japan to Increase Military Spending by $2 Billion in Response to China -- Epoch Times
Tokyo's defense hike may boost tensions -- China Daily

My Comment:
This is a small increase .... but it is a trend that everyone in the region is noticing .... especially China

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