Regarding the increase in defense spending, Prime Minister Kishida instructed Defense Minister Hamada and Finance Minister Suzuki to take budgetary measures to reach 2% of GDP in fiscal 2027, including defense and related expenses. .
Prime Minister Kishida held talks with Minister of Defense Hamada and Minister of Finance Suzuki at the Prime Minister's Official Residence shortly after 7:00 p.m. on the 28th.
Prime Minister Kishida said, ``Within five years, it is necessary to urgently increase the defense budget, which is the core of the fundamental strengthening of defense capabilities. I want to ensure that I have the necessary content.”
On top of that, in FY2027, the final year of the Medium-term Defense Program, which determines the total defense budget for the five years starting next year, the GDP instructed to take budgetary measures to reach 2% of
In addition, Prime Minister Kishida expressed his intention to make an integrated decision at the end of the year on measures to secure financial resources in terms of both expenditure and revenue, with the aim of strengthening defense capabilities, and asked the two ministers to proceed with discussions with the ruling parties. I asked.