{"id":613525,"date":"2026-04-19T01:42:23","date_gmt":"2026-04-19T01:42:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/613525\/"},"modified":"2026-04-19T01:42:23","modified_gmt":"2026-04-19T01:42:23","slug":"japans-defense-spending-to-reach-1-9-of-gdp-this-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/613525\/","title":{"rendered":"Japan&#8217;s defense spending to reach 1.9% of GDP this fiscal year"},"content":{"rendered":"<p>Japan is making progress toward its goal of bringing defense spending to 2% of gross domestic product, Defense Minister Shinjiro Koizumi said, with the defense-related budget for this fiscal year set to rise to just short of that threshold, at 1.9% of GDP.<\/p>\n<p dir=\"ltr\">Koizumi told a regular news conference Friday that defense-related spending in the fiscal year through March 2027 would total \u00a510.6 billion ($66.6 million), approaching the gold standard 2% of GDP level that many Western nations have targeted.<\/p>\n<p dir=\"ltr\">As a percentage of GDP, spending will rise by 0.1 percentage point year on year \u2014 though Koizumi said this calculation was made against GDP in fiscal 2022, when the 2% goal was outlined in Japan\u2019s National Security Strategy and the purchasing power of the yen was much stronger than it is now.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan is making progress toward its goal of bringing defense spending to 2% of gross domestic product, Defense&hellip;\n","protected":false},"author":2,"featured_media":613526,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[44683,45,49,48,95,10499,100266,46,230924,230925],"class_list":["post-613525","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-budgets","tag-business","tag-ca","tag-canada","tag-china","tag-defense","tag-defense-ministry","tag-economy","tag-sdf","tag-shinjiro-koizumi"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/613525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=613525"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/613525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/613526"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=613525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=613525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=613525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}