South Korea to Increase Defense Budget by 8.2% for Nuclear Submarine and KF-21 Fighter Jet Acquisition
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South Korea to Increase Defense Budget by 8.2% for Nuclear Submarine and KF-21 Fighter Jet Acquisition

What's Happening? South Korea's government, led by President Lee Jae-myung, announced an 8.2% increase in its defense budget for the upcoming year, reaching 73.3 trillion won ($50.2 billion). This significant boost is earmarked for securing major military assets, including a nuclear-powered submarin
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