Japan plans to add $6.75 billion to its current annual military spending in a rush to bolster its air and sea defences as it becomes increasingly concerned about the threats posed by China and Korea.
The 774 billion yen that lawmakers could approve is the largest of all time, according to Japan's Minister for Defense.
We urgently need to accelerate the implementation of various projects, a defence minister said in its spending proposal.
The cash injection will allow Japan to upgrade surface to air missile launchers on the East China Sea and Patriot PAC-3 missile batteries elsewhere that will become the last defence against any North Korean warheads.
With Beijing's control of Taiwan, Chinese forces would bring about around 650 kilometers (62 miles) of Japan's territory and threaten key trade routes that supply Japan with oil and other goods. This would also supply China with bases for free access to the western Pacific.
The defense ministry said that extra spending will let Japan more quickly acquire anti-submarine missiles, marine patrol planes and military cargo jets.
The additional military outlay comes after Kishida's ruling party in October included a goal of doubling defence spending to 2 % of gross domestic product in election pledges.
The pacifist nation has stuck to an approach of keeping defence spending within 1 % of its GDP, easing anxiety at home and overseas about revival of the militarism that led Japan into the Second World War.
Kishida's government approved an additional spending plan on Friday also includes pay pre-payments for equipment to help them deal with coronavirus scares. The racial damage did not threaten their finances.
The proposed supplemental spending combined with defence outlays approved for the year to March 31 reach about 1,3% of Japan's GDP.
$1,120,4300 yen = 1,631 yen = 14,5300 yen = 1 oz = 114,6300 yen = 1,6 yen = 1 oz = 114,6300 yen = 1 oz = 1 118,6300 yen = 6:30 p.m.
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