(VOVWORLD) - The Japanese government has revised the estimated defense budget for fiscal year 2020 to a record 49 billion USD, local media reported on Sunday.
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This estimate includes the development of a next-generation fighter jet worth 90 million USD.
Deploying two Self-Defense Force vessels to protect Middle East waterways is also under consideration.
The defense budget estimates will likely be approved at a cabinet meeting by the end of this month.