AROUND $1.9 BILLION TO BE ALLOCATED BY JAPAN GOVT. TO HOST U.S MILITARY BASES

Highlights –

• Around $1.9 billion to be allocated by Japan Govt. to host U.S Military bases.
• The initial budget has been eyed for fiscal 2021 and is almost the same amount as fiscal 2020.
• The current ‘sympathy budget’ is set to expire in March 2021.
• The U.S had rejected Japan’s proposals over a provisional one-year just for fiscal 2021.