TOKYO -- Japan's cabinet approved a record 8.7 trillion yen ($55.1 billion) defense budget proposal for fiscal 2025 on Friday, with the incoming Trump administration in the U.S. seen increasing pressure for a further boost in spending.
Cabinet greenlights plan with new spending on satellite surveillance, SDF benefits
Japan has expanded its defense budget in recent years with an eye on military advancements by China and North Korea. © Reuters
TOKYO -- Japan's cabinet approved a record 8.7 trillion yen ($55.1 billion) defense budget proposal for fiscal 2025 on Friday, with the incoming Trump administration in the U.S. seen increasing pressure for a further boost in spending.