Japan's Defense Budget Request Down 1.7 Percent

TOKYO — Japan's Ministry of Defense on Sept. 10 requested 4.57 trillion yen ($58 billion) in budget appropriations for the next financial year, starting April 1, 2013, a figure that is 1.7 percent lower than the current budget. This represents the biggest one-year decline in half a century and the lowest total in two decades.

Leave a comment