South Korean Parliament OKs 7.4% Defense Budget Hike

SEOUL, BEIJING—The South Korean parliament has fully approved the 2020 budget requested by the defense ministry, giving the military a 7.4% rise in funding.The budget provides 1.79 trillion won ($1.51 billion) for the acquisition of Lockheed Martin F-35 Lightnings and 1.403 trillion won for...

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