Japan Appears $44 Billion Short as Kishida Seeks to Bolster Defense

Japan is undergoing a significant shift in its defense policy, driven by increased public concern over safety due to global tensions. While the public supports increased defense spending, there is resistance to funding it through tax hikes. Prime Minister Kishida faces opposition within his party regarding tax increases, leading to debates on alternative funding methods like bond issuance. The government is exploring various strategies, including selling assets, but concerns about the sustainability of these measures persist.

What alternative funding methods are being discussed to address the shortfall in defense spending?

What concerns are raised about the sustainability of the funding methods being proposed?