JAPAN’s Defence Ministry today requested a record US$53 billion budget for the next fiscal year as tensions rise with China and North Korea.

Prime Minister Fumio Kishida last year unveiled a major security overhaul, including raising defence spending to 2% of gross domestic product by 2027.

The ministry asked today for ¥7.74 trillion (RM billion) for the 2024-25 fiscal year, up from ¥6.8 billion for the current year, read the request seen by AFP.

The ministry wants ¥380 billion to build two new warships rigged with the US-developed Aegis missile defence system.

Some ¥755 billion will go toward shoring up the nation’s “stand-off” defence capacity, such as purchases of missiles.

Japan also plans to spend ¥75 billion for a joint development of interceptors to shoot down hypersonic missiles.

Japan has been alarmed by China’s expanding military ambitions including the possibility of a violent takeover of Taiwan.

North Korea’s missile launches and the possibility of future nuclear tests have also pushed Japan to boost its defence spending.

Tokyo has also been rattled by Russia’s invasion of Ukraine.

“It is essential for Japan to possess the necessary and adequate capability to intercept and eliminate vessels and landing forces no matter where an invasion of our country may occur,” said the request.

Japan is also moving to buy more ammunition to deal with prolonged battles, to improve its cyber defence and space operations, and to explore more use of drones and other unmanned technologies.

The ministry pledged to boost its spending plans for maintenance of existing equipment, as Japanese troops have routinely had to gut broken jets and vehicles for parts.

The ministry’s request will be sent to the Finance Ministry to prepare the 2024-25 budget, which will be presented to parliament in January. – AFP, August 31, 2023.