Tag - budgets

 
 

BUDGETS

JAPAN
Dec 17, 2022
U.S. hails Japan's new security strategy as China lashes out over moves
Washington called Tokyo's revision of key security documents a 'bold and historic step,' while Beijing urged Japan to refrain from hyping the 'China threat.'
JAPAN
Dec 16, 2022
Japan to boost coast guard budget for Senkaku Islands security
The plan comes as Chinese government ships are frequently found sailing around the Japanese-administered islands in the East China Sea.
JAPAN
Dec 15, 2022
Same levy, different name: Reconstruction tax to be shifted to defense spending
The ruling Liberal Democratic Party's latest plan to fund a defense budget hike is to create a new defense tax.
Japan Times
COMMENTARY / Japan
Dec 15, 2022
The fight to build up Japan’s military is just beginning
The famously pacifist nation's plans to double defense spending are both welcome and overdue. Now Japan needs to find a way to pay for them.
JAPAN
Dec 13, 2022
Controversy grows over proposed use of Tohoku funds to cover defense spending
The government is eyeing using a special tax designed to finance reconstruction costs for areas affected by the March 2011 Great East Japan Earthquake.
Japan Times
COMMENTARY / Japan
Dec 13, 2022
The politics of Japan's defense spending
When Japan first imposed the 1% of GDP defense-spending ceiling , the issue has been a matter of politics and any attempt to breach that threshold has been taboo.
Japan Times
BUSINESS / FOCUS
Dec 12, 2022
Kishida's plan to fund higher defense spending faces backlash
The prime minister's suggestion of tax increases hasn't gone down well, even among Cabinet members and lawmakers from his own party.
Japan Times
JAPAN / Politics
Dec 10, 2022
Kishida's tax hike plan to cover defense shortfall draws backlash inside LDP
The blowback to Kishida's plan came to a head at an LDP Policy Research Council meeting, where about 40 of over 50 participants who spoke opposed the plan.
Japan Times
JAPAN
Dec 9, 2022
Japan to increase defense budget by ¥1 trillion in fiscal 2023
The budget increase is aimed at procurement of ammunition and expenses related to long-range missiles.
Japan Times
JAPAN / FOCUS
Dec 7, 2022
With revisions to key security documents, pacifist Japan set to blaze a new trail
Upcoming changes could usher in dramatic shifts in the country's defense-oriented policy amid what Tokyo calls an 'increasingly severe security environment.'
Japan Times
JAPAN / Politics
Dec 6, 2022
Japan to defer tax hikes for defense spending until 2027
The delay is planned in light of economic uncertainties stemming from rising prices, while strong opposition from members of the ruling Liberal Democratic Party to corporate and other tax hikes was also a factor, sources say.
JAPAN
Dec 6, 2022
Kishida seeks to hike defense spending by more than 50% over five years
The new budget would put Japan closer to the target Kishida ordered last week of spending 2% of gross domestic product on defense by 2027.
Japan Times
JAPAN / Politics
Dec 3, 2022
Japan eyes up to ¥43 trillion for five-year defense spending plan
The new numbers marked a compromise between the defense and finance ministries amid concerns about worsening one of the industrial world's worst debt burdens.
Japan Times
JAPAN / Politics
Dec 3, 2022
LDP lawmakers say taxes should not be hiked to cover rising defense spending
A group of young lawmakers from theu00a0ruling Liberal Democratic Party has compiled a draft proposal urging the government to issue bonds to cover the spending hike.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.