The government has begun full-fledged discussions on the drastic strengthening of defense capabilities.
There is also a view that new costs of several trillion yen will be required, and one of the focal points is how the financial resources should be, such as whether to secure permanent financial resources or whether to issue government bonds for the time being.
The government plans to revise three security-related documents, including the "National Security Strategy," by the end of the year in order to drastically strengthen its defense capabilities.・In addition to defense, we held the first meeting of an expert panel attended by experts in the fields of economics and finance.
In this, Prime Minister Kishida said, "We will break down the vertical division and consider strengthening the comprehensive defense system. We need to maintain and continue strengthening defense capabilities at a certain level." I asked them to discuss the scale and financial resources, and to summarize their opinions.
However, there is a view that it will cost several trillion yen to drastically strengthen defense capabilities by increasing defense spending.
While there is an opinion within the government and ruling parties that permanent financial resources should be secured, including tax increases, there is also a plan to issue government bonds to cover future financial resources for the time being. Being is one of the focal points.
We are also considering a new budget framework that treats research expenses for science and technology such as coast guard, which is the responsibility of the Japan Coast Guard, and space and cybersecurity, which is the responsibility of the Cabinet Office, as defense-related budgets.