
TOKYO -- The Japanese government plans to seek more than 700 billion yen ($6.1 billion) in additional funding for defense in the fiscal 2021 supplementary budget, Nikkei has learned.
This will mark the biggest such allocation for defense spending in history in a supplementary budget and will bring the total defense budget for the current fiscal year to around $53 billion -- in the same league as Germany and France but still only around a quarter of China's.