South Korean 2019 Defense Budget Up 8.2% [CORRECTED]

Credit: F-16: USAF
SEOUL, BEIJING—South Korea’s parliament has approved an 8.2% rise in the 2019 defense budget to 46.671 trillion won ($41.35 billion), despite improved relations with North Korea. The allocation for equipment, including research and development, is 15.737 trillion won, almost a third of all spending...

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