Despite the high government debt of Japan is expanding its military spending to record levels.
The government of the right-wing conservative Prime Minister Shinzo Abe approved on Friday a Bulgarian in the volume of 5.26 trillion Yen (41 billion euros) for the defense budget in the coming fiscal year, the on 1. April begins, as media reported. Thus, among other things, increased spending for a missile defense system, and combat aircraft to the protecting power in the United States are financed. Japan wants to rebuild, in view of the upgrading of China’s neighbors in addition, a helicopter designed the ship to the aircraft carrier.
With a view to the military power of the people’s Republic, as well as the threat posed by North Korea’s missile quest – and the nuclear program is faltering Japan, regardless of the state debt of more than 230 percent of the gross domestic product is its own defense spending for seven years now in a row. To Finance these expenditures, as well as the increased social cost in view of the rapid Ageing of the society, the government decided for the coming budget a Federal budget in record amount of approximately 101,5 trillion Yen (790 billion Euro). According to media reports, he is supposed to be in January, the Parliament put forward for adoption.