National defense budget of 2016 planned to be a total of 38.9 trillion KRW

The national defense budget for next year is set at a total of 38.9 trillion KRW, which is a 4% increase from the budget of this year. The force enhancement budget is 11.6 trillion KRW, which is a 6.1% increase. The recent nK provocations and SLBM tests have been influential, as 1.5 trillion KRW is set for establishing the Kill Chain and KAMD, which is a 64.5% increase, and 3 trillion KRW is allocated to strengthening defense capabilities in the DMZ, which is a 40% increase. In addition, 1.6 trillion KRW is for strengthening anti-submarine capabilities and 16.3 trillion KRW for force sustainment.

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