Defense Budget Increase South Korea has set 2016 national budget at 386.7 trillion won, up 3 percent from 375.4 trillion won in 2015. The defense budget was increased by 4 percent to improve the country's military readiness. (END)

Defense Budget IncreaseSouth Korea has set 2016 national budget at 386.7 trillion won, up 3 percent from 375.4 trillion won in 2015. The defense budget was increased by 4 percent to improve the country's military readiness. (END)