Arab Today, arab today south korea to raise defence spending by 2020
Last Updated : GMT 21:27:32
Arab Today, arab today
Arab Today, arab today

South Korea to raise defence spending by 2020

Arab Today, arab today

Arab Today, arab today South Korea to raise defence spending by 2020

Global Hawk unmanned aircraft
Seoul - QNA

South Korea said Monday it will sharply raise the defense budget over the next five years to beef up its capabilities against North Korea's nuclear and missile programs.

The budget injection of 8.7 trillion won (US$8.03 billion) is based on the assessment that Pyongyang is believed to have reached a "significant" point in efforts to master the technology to miniaturize nuclear warheads that fit atop missiles, Yonhap news agency reported.

It is part of the ministry's budget plan for the 2016-2020 fiscal period, which calls for 232.5 trillion won in total, a 7 percent increase on average during the cited period compared to its 2015-2019 version.

While costs for maintaining troops are set at 155.2 trillion won and the rest will be for the improvement of military capabilities, the government, specifically, is to invest 6 trillion won in building the country's preemptive strike apparatus, the Kill Chain, and 2.7 trillion won into the development of the low-tier air defense program, the Korean Air and Missile Defense (KAMD) system, over the next five years.

The aggregate amount is 700 billion won more than the budget plan stated in the 2015-2019 period, which reflects Seoul's will to ensure a stronger deterrence against the belligerent North.

Key assets for the Kill Chain incorporate multi-purpose satellites, Global Hawk unmanned aircraft and Taurus missiles. The KAMD system includes patriot interceptors and mid-range surface-to-air missiles, or M-SAM.

As part of efforts to effectively cope with North Korea's local provocations and to prepare for all-out war with the enemy, Seoul plans to spend 1.8 trillion won on acquiring surveillance systems such as unmanned aerial vehicles and detection radars.

In the face of the North's growing security threats online, South Korea plans to earmark 100 billion won to build a multi-layer protection system and to create a mock training field.

"The mid-term budget plan also focuses on improving circumstances at the barracks and increasing monthly payments to enlistees by more than double," a ministry official said. "We also aim to augment the investment in research and development from the current 6.5 percent of the total defense budget to 8.4 percent by 2020 to further promote defense fields."

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea to raise defence spending by 2020 Arab Today, arab today south korea to raise defence spending by 2020

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Egyptian tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Egyptian tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday