Why is Japan enhancing it’s Defence Budget? The Japanese government expects to put a record amount of 5.19 trillion yen (approximately $ 46 Billion USD) for the defense budget for the fiscal year 2018. Such figures are contained in the draft budget for the next year, according to Nikkei newspaper reports.
This amount is approximately 70 billion yen (about $ 625 million) more than the last year. Most of the additional costs, as noted, will go to preliminary design for the purpose of the subsequent purchase and deployment of Aegis Agore Missile Defense System in Japan besides the purchase of the new SM-3 Block 2A interceptor missiles that Tokyo is developing jointly with Washington. These measures are necessary against the backdrop of the North Korean threat.
In addition, the Japanese Defense Ministry intends to begin developing a cruise missile designed to be deployed on fighter-jets and to strike against naval ships and ground targets. This prototype, as the media wrote, is called the Japanese Tomahawk. It is designed to defend the remote Japanese islands.