Tag: 2% GDP target


  • Japan Sets Record Defense Spending as GDP and Yen Strain for 2% Target

    Japan Sets Record Defense Spending as GDP and Yen Strain for 2% Target

    Japan Approaches a Record Defense Budget in Response to Global Tensions Japan is poised to approve a defense budget that would mark a new record as policymakers align security spending with rising geopolitical pressures. The government, led by Prime Minister Sanae Takaichi, is preparing to boost defense outlays to address evolving threats, maintain alliance credibility,…