Reuters:
TOKYO (Reuters) – Japan aims to boost defense spending over the next five years to help pay for new stealth fighters and other advanced U.S. military equipment, a source with knowledge of the plan said on Tuesday.
The Ministry of Defence will this month present a plan to spend 27 trillion yen ($239.5 billion) on its military over five years starting from April 2019, said the government source who declined to identified.
The proposed spending plan, first reported by the Nikkei business daily on Saturday, would see spending rise an average 1.1 percent per year, exceeding the 0.8 percent average under the previous plan.
