Japan to compile 2.9 trillion yen extra budget to reinforce missile defense: sources

December 7, 2017

Reuters:

TOKYO (Reuters) – Japan’s government is set to compile a supplementary budget of around 2.9 trillion yen ($25.9 billion) for the fiscal year through March to cover spending on missile defense amid tensions over North Korea, and for new economic measures, government officials said Wednesday.

North Korea has tested dozens of ballistic missiles, two of which flew over Japan, and conducted its sixth and largest nuclear bomb test in September.

Japan is preparing to acquire precision air-launched missiles that for the first time would give it the capability to strike North Korean missile sites, two sources with direct knowledge of the matter said earlier this week.

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