Japan aims to boost five-year defence spending by 50 per cent, to US$318 billion

The amount will be 1.5 times the current levels, as Japan eyes defence build-up including the use of pre-emptive strikes
But with an ageing, declining population already struggling with a bulging national debt, funding the increase will not be easy

Japan

Associated Press

Published: 9:39pm, 5 Dec 2022

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Japan’s Prime Minister Fumio Kishida on Monday set a new target for military spending over the next five years to 43 trillion yen (US$318 billion), or 1.5 times the current level, as the country seeks defence build-up including the use of pre-emptive strike.

Defence Minister Yasukazu Hamada said Kishida told him and Finance Minister Shunichi Suzuki to work on a budget plan to increase Japan’s 2023-2027 military spending by more than 50 per cent from 27.5 trillion yen.

The planned increase is “to firmly secure the necessities to pursue substantial reinforcement” of Japan’s defence, Hamada said.

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Kishida’s government is currently finalising a revision of its national security strategy and mid- to long-term defence policies, which would allow the use of pre-emptive strikes in a major shift to Japan’s self-defence-only post-war principle. Critics say pre-emptive strikes could violate Japan’s pacifist constitution. The government says a “strike-back” capability is only for use in case of an imminent enemy attack.

The three key documents and the budget are expected in late December.

Japan has steadily stepped up its international defence role and military spending over the past decade. It aims to double its military budget in the next five to 10 years to about 2 per cent of GDP, citing a Nato standard, as threats from North Korea and China’s territorial assertiveness increase.

Japan’s Prime Minister Fumio Kishida (far left) looks out from the Japanese ship JS Izumo as he inspects the “International Fleet Review”, held by Japan’s Maritime Self-Defence Force with some 12 other countries, in Sagami Bay on November 6, 2022. Photo: AFP)

Kishida’s governing party wants to double Japan’s annual defence budget to about 10 trillion (US$70 billion), which would make the country the world’s No. 3 military spender after the United States and China.

A government-commissioned experts’ panel, in a report last month, said Japan needs to urgently reinforce its deterrence including by adding cruise missiles, interceptors and other equipment while improving commercial ports and airports for emergency military use.

However, for a country with an ageing and declining population already struggling with a bulging national debt, funding the cost needed for the increase is not easy.

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Kishida’s plan apparently came as a compromise between the governing Liberal Democratic Party’s initial request of 48 trillion yen (US$355 billion) for the coming five years and the Finance Ministry’s proposal of 35 trillion yen (US$260 billion).

Plans for Japan’s military build-up and spending increase also are a sensitive issue for many of its neighbours, including the two Koreas, which were victims of Japanese aggression in the first half of the 1900s.

China, meanwhile, has stepped up its claims to virtually the entire South China Sea by constructing artificial islands equipped with military installations and airfields. Beijing also claims a string of islands that are controlled by Japan in the East China Sea, and has increased military harassment of self-ruled Taiwan, which it says is part of China to be annexed by force if necessary.