Japanese Prime Minister orders to increase military spending to 2% of GDP by 2027

“It is necessary to advance the urgent strengthening within five years of military spending, which is the core for the fundamental strengthening of the defense capability.

It is out of the question that this is impossible, since there is no financial support for this.

We need to show ingenuity and secure the necessary resources, ”NHK quoted Kishida as saying.

It is necessary to increase military spending to 2% of GDP by fiscal year 2027.

Sanae Takaichi, head of the political council of Japan's ruling Liberal Democratic Party, said on a Fuji Television Network program on June 13 that the country could increase its military spending to 10 trillion yen (about $74 billion).