TOKYO (Reuters) – Japan will earmark a record annual military outlay of 5.37 trillion yen ($47.05 billion) in the new fiscal year starting in April, according to a copy of the government’s initial budget draft reviewed by Reuters on Thursday.
The fiscal year 2022 budget plan is expected to be approved by the cabinet on Friday.
($1 = 114.1400 yen)
(Reporting by Tetsushi Kajimoto; Editing by Christian Schmollinger)
