Japan’s Defense Ministry Wants Record Military Budget for 2016
Japan’s Ministry of Defense (MOD) is requesting a record 5.09 trillion yen ($42.38 billion) defense budget for fiscal year 2016, up 2.2 percent from the current fiscal year, Jiji Press reports. The budget request is heavily geared toward fortifying Japan’s position in the disputed Senkaku/Diaoyu Islands – an island chain administered by Tokyo in the East China Sea.
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