South Korea seeks to raise its defense budget above 60 trillion won ($45 billion won) for the first time in 2025, according to a new proposal, allocating increased funds to procure weapons like F-35A stealth fighters and Patriot missile upgrades to deter North Korea.
The proposed defense budget of 61.6 trillion won ($46 billion) marks a 3.5% increase over 2024, seeking to keep up with increased military spending both in the region and around the world.
South Korea seeks to raise its defense budget above 60 trillion won ($45 billion won) for the first time in 2025, according to a new proposal, allocating increased funds to procure weapons like F-35A stealth fighters and Patriot missile upgrades to deter North Korea.
The proposed defense budget of 61.6 trillion won ($46 billion) marks a 3.5% increase over 2024, seeking to keep up with increased military spending both in the region and around the world.
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