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Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


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https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

Japan adds USD6.8 billion to 2021 defence budget

by Jon Grevatt & Andrew MacDonald

Japan's defence budget for fiscal year 2021 has received a boost of USD6.8 billion. However the country's military expenditure is now forecast by Janes to decline in 2022. (Janes Defence Budgets)

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 billion) for fiscal year (FY) 2021.

Japan's Ministry of Defense (MoD) said on 26 November that the additional expenditure is required to boost Japan Self-Defense Forces' (JSDF) capability in response to escalating security risks in the Indo-Pacific.

The supplementary budget – referenced by the MoD as a ‘defence-strengthening acceleration package' – is in addition to Japan's FY 2021 defence budget of JPY5.34 trillion.

The combined expenditure takes Japan's defence expenditure for the fiscal year, which runs April–March, to more than JPY6 trillion for the first time.

Budgetary documents issued by the MoD show that more than half of the supplementary budget is aimed at supporting the national defence industry.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/japan-adds-usd68-billion-to-2021-defence-budget/

The government of Japan has approved a supplementary defence budget of JPY773.8 billion (USD6.8 bill...

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