Tag: gdp target
1 article
Japan's Defence Spending Falls Short Amid Fiscal Constraints
Japan's defence spending has fallen short of expectations, with a 2026 budget of 10.6 trillion yen translating to 1.5% of GDP, not 1.9% as claimed by Defence Minister Shinjiro Koizumi. This misses the 2% target set for 2027, highlighting fiscal constraints.