Japan Drafts $732Bln Budget for 2025, Including Record $8Bln Defense Funding - Reports

NAMPA / Sputnik
2024-12-25
TOKYO, December 25 (Sputnik) - Japan’s core budget for the 2025 fiscal year that starts on April 1 is projected to reach a record 115 trillion Japanese yen ($732 billion), while the defense budget may surpass 8 trillion yen for the first time, Japanese media reported on Wednesday. The initial budget contains social security spending of more than 38 trillion yen, the NHK broadcaster reported. The country’s defense budget, expected to jump to 8​​​.......
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