South Korea said Thursday that its defense budget for 2015 will increase 5.2 percent from this year due mainly to spending to boost the military's defense capacity and propping up the safety and welfare of service personnel.
The defense ministry's budget for next year will amount to 37.6 trillion won (US$36 billion), compared with this year's 35.7 trillion won, according to the government's new budget plan approved by the Cabinet. It requires parliamentary endorsement.
GMT 14:02 2018 Sunday ,02 December
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Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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