Japan Minister Vows to Raise Defense Spending Ratio

Japan Minister Vows to Raise Defense Spending Ratio
Tokyo, Oct. 26 (Jiji Press)--Japan's new Finance Minister Satsuki Katayama on Sunday vowed to "do everything possible" to secure funds to raise the share of the country's defense spending to its gross domestic product to 2 pct in the current fiscal year. "Japan is in the most severe security environment in the world, so we have to bring forward what we think is necessary," she said in a tel...