The Genius Masterminds
02-02-2006, 04:38
I wasn't sure if this was on the news worldwide considering how Japan was known to yearn for a full-fledged military, however -
Gov't to cut defense budget 0.9%
Wednesday, December 21, 2005 at 07:21 EST
TOKYO — Japan's defense spending for fiscal 2006 will be cut by 0.9%, mainly through reducing spending on Cold War-type equipment to make way for increased outlays on missile defense and to offset high oil prices, according to a draft budget proposed by the Finance Ministry on Tuesday. The budget amounts to 4,813.7 billion yen, down 42.7 billion yen from the initial budget for the current fiscal year.
The Finance Ministry proposed slashing expenditures for equipment such as tanks and upgrades for F-15 fighter jets, and reducing Ground Self-Defense Force personnel, in line with last year's new defense guidelines to move away from the Cold War defense model.
http://www.crisscross.com/jp/news/359064
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As you can see, the news was from December 21, 2005, but I don't know if people know about this or not. Apparently, it wasn't on CNN or anything like that. Not even on the News Websites.
Gov't to cut defense budget 0.9%
Wednesday, December 21, 2005 at 07:21 EST
TOKYO — Japan's defense spending for fiscal 2006 will be cut by 0.9%, mainly through reducing spending on Cold War-type equipment to make way for increased outlays on missile defense and to offset high oil prices, according to a draft budget proposed by the Finance Ministry on Tuesday. The budget amounts to 4,813.7 billion yen, down 42.7 billion yen from the initial budget for the current fiscal year.
The Finance Ministry proposed slashing expenditures for equipment such as tanks and upgrades for F-15 fighter jets, and reducing Ground Self-Defense Force personnel, in line with last year's new defense guidelines to move away from the Cold War defense model.
http://www.crisscross.com/jp/news/359064
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As you can see, the news was from December 21, 2005, but I don't know if people know about this or not. Apparently, it wasn't on CNN or anything like that. Not even on the News Websites.