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Reuters
Reuters
Business
By Tetsushi Kajimoto and Takaya Yamaguchi

Japan's ruling party says it won't rule out any options for funding defence boost

FILE PHOTO: Japan Air Self-Defense Force's (JASDF) aerobatic flight team "Blue Impulse" performs during an International Fleet Review to commemorate the 70th anniversary of the foundation of Japan's Maritime Self-Defense Force (JMSDF), at Sagami Bay, off Yokosuka, south of Tokyo, Japan November 6, 2022. REUTERS/Issei Kato/Pool

Japan's government will not rule out any measures to fund increases in defence spending, the ruling Liberal Democratic Party's policy chief Koichi Hagiuda said on Wednesday, when asked about possible additional debt issuance.

Hagiuda however told reporters after a meeting with his coalition partner Yosuke Takagi of the Komeito party that the government would not raise taxes in the next fiscal year when the five-year defence spending plan kicks off.

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