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WorldPosted at: Nov 1 2021 3:49PM


Japanese PM accepts possibility of allocating 2 pc of GDP for defence budget

Tokyo, Nov 1 (UNI/Sputnik) Japanese Prime Minister Fumio Kishida accepted the possibility of allocating 2 percent of the country’s GDP to the defence budget in the future after securing a parliamentary majority over the weekend.
Earlier in October, the Liberal Democratic Party (LDP) included the pledge to increase the country's defence budget from 1 percent of GDP to 2 percent in its party platform. The ruling party has increasingly taken unkindly to the constitutional restraints against military buildup.
"The issue is not the budget as such. Technologies are currently developing, they are going into space, into cyberspace, what was science fiction has become a reality. What can we do in this changing environment to protect the lives of the people?... I find it necessary to discuss this issue within the coalition," Kishida said at a press conference related to the victory of the LDP, when asked about the party's plans to double defence spending.
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