The ruling Liberal Democratic Party has signed off on the first economic and fiscal policy guidelines of Prime Minister Sanae Takaichi¡¯s administration, part of a broader push to boost Japan¡¯s defense industrial base and mass drone production to sustain operations in a prolonged conflict.
The annual Basic Policies for Economic and Fiscal Management and Reform document, which was approved last week by the party, is expected to be formally approved by the Cabinet later this month. It sets the incumbent administration¡¯s policy directions across multiple strategic arenas.
In the defense realm, the government seeks to ¡°transform Japan¡¯s defense posture within five years¡± to achieve highly autonomous and resilient operational capabilities.
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