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Japan's 2025 defense spending surge to 2% of GDP sparks fears over debt, inflation, and cuts to social welfare.
Japan's plan to boost defense spending to 11 trillion yen—nearly 2% of GDP—by 2025, including a 1.1 trillion yen supplementary budget, has sparked concerns over its economic and social impact.
Critics warn that using supplementary budgets for routine military spending undermines fiscal discipline, reduces parliamentary oversight, and risks higher debt, inflation, and a weaker yen.
The move, seen as prioritizing military goals over social welfare, coincides with proposed increases in elderly medical costs, fueling public anxiety about shrinking social security.
Economists caution that financing the buildup through bonds could strain public finances and harm ordinary citizens.
El aumento del gasto en defensa de Japón en 2025 al 2% del PIB despierta temores sobre la deuda, la inflación y los recortes al bienestar social.