Japan unveils record annual budget, defence spending
TOKYO: Japan’s government on Friday unveiled its biggest ever full-year budget, including record defence spending to counter intensifying regional security threats. Cabinet ministers approved a draft national budget of a whopping 107.6 trillion yen ($940 billion) for the 2022/23 fiscal year, including 5.4 trillion yen for defence. Both figures have been increasing steadily for a decade … Read more