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Mmastodon WorldDefense first seen 12 h ago, last 1 h ago, peak #2

Japan defense spending rise to be spread over years, panel says

Original: Expansion of Japan's defense spending will likely be spread over many years and shouldn't become a source of significant

A member of a panel advising Japan's prime minister said the planned expansion of Japan's defense spending will likely be phased in over many years rather than concentrated in any single year. The adviser added that the increases should not become a source of significant market anxiety annually, aiming to reassure investors as Japan ramps up its defense budget.

Why now: New comments from a government advisory panel on how Japan's growing defense budget will be financed are easing concerns about market impact.

JapanPrime Minister of Japan

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