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Japan's defense spending rise to be phased over years, panel says
Original: Expansion of Japan's defense spending will likely be spread over many years and shouldn't become a source of significant
An adviser to Japan's prime minister says the planned expansion of defense spending will likely be spread over many years and should not become a source of significant market anxiety in any single year. The remarks come as Japan carries out a major, multiyear build-up of its military budget, raising questions among investors about how the costs will be absorbed.
Why now: Japan's multiyear defense budget expansion is raising concerns about fiscal and market impact.
JapanJapan TimesPrime Minister of Japan
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