TOKYO—Japan’s Cabinet on Friday approved a 770 billion yen ($6.8 billion) request for an extra defense budget through March to expedite the purchase of missiles, anti-submarine rockets, and other weapons amid rising concern over the escalation of military activities by China, Russia, and North Korea.
The request, still pending parliamentary approval, brings Japan’s military spending for the current year to a new high of more than 6.1 trillion yen ($53.2 billion), up 15 percent from 5.31 trillion yen in 2020.
