South Korea Defense

South Korea Approves KRW 65.8 Trillion Defense Budget for 2026, Largest Increase in Seven Years

South Korea has finalized its national defense budget for 2026 at KRW 65.8642 trillion (approximately $44.7 billion), marking a 7.5% increase over the previous year’s allocation, the Ministry of National Defense (MND) announced on December 3. The increase represents the...