Kishida appeals for higher taxes to bolster Japan's defense

Prime minister rules out bond issuance to accommodate larger budget

20221210 Kishida presser 1

Japanese Prime Minister Fumio Kishida speaks to the media following the end of the Diet's 69-day extraordinary session on Dec. 10. (photo by Hirofumi Yamamoto)

MITSURE OBE, Nikkei staff writer

TOKYO -- Japanese Prime Minister Fumio Kishida made a plea for higher taxes to strengthen the nation's defenses at a news conference on Saturday, saying Japan faces greater uncertainty over its security, given rising geopolitical tensions in Asia.

"To protect our peaceful lives and fulfill [our] responsibility to future generations, I would like to ask for the cooperation of the Japanese people," Kishida said at a news conference following the conclusion of the 69-day extraordinary parliamentary session.

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